High Level View Looking West
From Walnut Tree Close Looking North
High Level View Looking East
A NATIONAL HOUSING SHORTAGE
Britain’s chronic housing shortage is well publicised – the country is not building enough homes. Along with the need for large deposits for potential purchasers to even be considered for a mortgage, reluctance from banks to lend, and property prices too high for many to afford, the UK is facing a severe housing crisis.
For many, the dream of owning a new home is simply that, a dream. Instead, the reality is that new homes are unattainable and unaffordable, and the way we are living is changing. More people are choosing to rent their home, rather than buy. Currently, nine million people now rent privately in England. And it’s no longer just students and young professionals – more than a third of renting households are families and half are older than 35.
But not everyone who rents a property does so because they can’t afford to buy. Renting offers many benefits, including increased flexibility, especially if you’re unsure whether you are going to be residing in the area long-term. There are also benefits of not being required to maintain a property – it’s not your responsibility if the boiler breaks down!
Whether it’s due to the rising costs of buying a property, a place to live while saving for a deposit, or the need for increased flexibility that renting offers, one thing is for sure – there is a growing demand for high-quality rental properties.
View looking North
View looking east
GUILDFORD NEEDS NEW HOMES
The government has recognised the urgent need for new homes and published the National Planning Policy Framework (NPPF, 2012) to streamline national planning policy.
At the heart of the NPPF is a presumption in favour of sustainable development and a commitment to drive development forward, including delivering a substantial number of new homes to assist in providing economic growth. In turn, residential development will contribute to building a strong economy, promote vibrant and healthy communities, as well as protect and enhance the environment.
To meet these objectives, local authorities have to be able to demonstrate that they have a 5-year supply of housing land to meet local needs. However, Guildford Borough Council does not have a 5-year supply of housing land and has recognised that it needs to build more new homes – 12,426 properties are required between 2015 and 2034. This may even increase, as in September 2017 the government indicated that its new proposed formula for assessing housing need will increase the number of new homes that Guildford will be expected to deliver.
Our plans for land off Walnut Tree Close will assist Guildford in delivering new homes that are needed, while reducing the need to build on green fields or green belt land. Click here to find out how the plans could help deliver the new homes that Guildford needs