Local paper - £500K houses, half of estate possibly bought by housing association

tomstickland

It was billed as a luxury development, but Barbara Luck says her dreams have been left in tatters with news the estate she retired to could be sold for social housing.
The 60-year-old former teacher paid £535,000 for her five-bedroom home on the Dean's Lea estate in Bishop's Cleeve.
Now she says the value of her home will plummet if half the estate becomes 'council housing'.

http://www.thisisgloucestershire.co.uk/latestnews/Bishop-s-Cleeve-home-owner-angry-exclusive-estate-sold-social-housing/article-361610-detail/article.html?cacheBust=82vndlV3LE2N#community

ad9898_3

This sort of thing is going to become common place I think.

mewbie_2

Looks like her Luck just run out...

amcluesent

It's not all bad. Their grazing ponies will mean she needn't mow the lawn, and she'll never run out of clothes pegs, so she wouldn't.

mr_magoo_5

I remember this happening the last recession. Guy I know moved in on the Friday to a lovely detached house, on the Saturday a large family and friends turned up wheeling prams ,trolleys, basically anything they could push, with all their belongings, with massive grins on their faces. He was not amused to say the least but we gave him a load of stick anyway!

dopester

inWhat a snob.



She will still have a nice house. She chose to buy it for over half a mill just a few months ago. Take the fury out on yourself.

"Tenants are not second class citizens. They have every right to a good home and our estate in the centre of Bishop's Cleeve is a model of successful mixed tenure creating a sustainable, attractive community.

Exactly. I'm not sure where Bishop's Cleeve is, but you could have young, able and intelligent people amongst the tenants - people working for a living but can't afford to buy.

So what? She is 60 years old and it is still the same nice looking house. The only thing is you've overpaid fool because you bought in to the illusion of house prices at these levels. If they can rise 300% in 11 years, they can fall in price dramatically as well.

Realy

Why do the papers have to make out
Social housing =Scum?

Some housing associations have very tight controls.
£1/2M does not mean your next door neighbour who purchased next door won't be a neighbour from hell. (at least now if they are she as some way of getting them out)
I think this is great for the people moving in just imagine what it will do for their aspirations (hopefully they will take the opportunity and better them selves and not just watch Trisha.)

Cannon_Fodder

I think there is a danger of being too PC, here guys.

Yes, she chose to buy at the wrong time.
Yes, we would like all property used so that houses do not stand empty, because she would soon complain if vandals ruined the neighbourhood.
Yes, some HA/social housing users are fine.

But there are two sides to everything. Half a million is not a drop in the ocean, the rent on such a property would not be affordable by key workers, single mums, etc.

Now they might be salts of the earth, but equally they could be EmmaRBOS...if you've seen that deleted thread.

In my experience, when selling my property with open land behind awaiting the developers, only 2 offers were made, mostly because of the uncertainty over who would end up behind, being the social housing element to finish off the development...

Luckily a young couple took the plunge, I sold, and they are probably happy now as the land will stay un-developed for years to come...

neverdespairgirl

Cannon_Fodder wrote: »

Now they might be salts of the earth, but equally they could be EmmaRBOS...if you've seen that deleted thread.

She's an owner-occupier, poor example!

The woman is just a snob, IMO.

I live in a flat apparently worth half a million or so. From my study window, I can see several LA flats. Doesn't bother me at all.

Norma_Desmond

It's going to happen on a pretty big scale; think of the thousands of 'luxury apartments' that have been built in our inner cities and regenerated docklands - they will soon become the new slums as local authorities snap them up for their tenants.
I don't mean to offend anyone here who's in social housing, but it's a fact that such concentrations of council tenants DO have a negative effect on an area - we have an (albeit tiny) council estate a couple of miles from us and in the last couple of years EVERY crime in the locality has been commited by residents of that estate - our local paper reported these statistics only a couple of weeks ago.
Sorry

RabbitMad

dopester wrote: »

.
She will still have a nice house

She won't these houses are awful. Crammed in like hens in a cage, inside there is no storage at all, no understairs cupboard, no airing cupboard nothing and only one parking sapce per house (Although the 5 bed houses might have 2 spaces)

dopester wrote: »

.
Exactly. I'm not sure where Bishop's Cleeve is

Bishop's cleeve is 2-3 miles north of Cheltenham. Its basically one never ending series of estates built around an old village. It has its own land fill 1/2 a mile west of it and I think toxic waste is dumped there.