"South West Home Truths"

mbga9pgf

Just wait. The Tories are going to tear up the planniong regs when they get in, with lots of NIMBYs complaining as a result.

They simply will not allow housing to become a barrier to global competitiveness, which it currently is. Seriously thinking of putting a sizable portion of my pot into some agricultural land thats for sale on the outskirts of a very nice town down the road. If things dont change, I will at least have a 1 acre allotment all to my self!

lostinrates

Comuters: yes, East somerste has some daily commuters to London....its a hell of a trek!

this is a place, even in ''desirable'' location people commute.

Some towns are having significant building: did I read about either Ilchester or Ilminster having approval for a significant number of new properties?

a lot of somerset is a long way from ''centres'' of employment for wage competition : I'm sure there is a proper economics speak way to say that.

Lots of weekenders, though out somerset, as opposed to holiday homes. Often terrble transport. Like Wells, no train station! There is a bus to Bristol, and I think to Glastonbury and Yeovil?...takes an age I understand though.

lostinrates

mbga9pgf wrote: »

Just wait. The Tories are going to tear up the planniong regs when they get in, with lots of NIMBYs complaining as a result.

They simply will not allow housing to become a barrier to global competitiveness, which it currently is. Seriously thinking of putting a sizable portion of my pot into some agricultural land thats for sale on the outskirts of a very nice town down the road. If things dont change, I will at least have a 1 acre allotment all to my self!

I have a feeling those maps showing ares of permitted development will be re drawn on much the same lines. and the delay is halting things. I understand for example a lare dvelopment near Southhampton/Eastliegh would have gone ahead but for cash flow, and Conservative plans would be to review it...but then I imagine allow the same building there or somewhere else.

the_ash_and_the_oak

lostinrates wrote: »

Comuters: yes, East somerste has some daily commuters to London....its a hell of a trek!

this is a place, even in ''desirable'' location people commute.

Some towns are having significant building: did I read about either Ilchester or Ilminster having approval for a significant number of new properties?

a lot of somerset is a long way from ''centres'' of employment for wage competition : I'm sure there is a proper economics speak way to say that.

Lots of weekenders, though out somerset, as opposed to holiday homes. Often terrble transport. Like Wells, no train station! There is a bus to Bristol, and I think to Glastonbury and Yeovil?...takes an age I understand though.

Badly phrased on my part - was talking about two diff things. 1) smaller towns within commute distance of larger centres - stockbroker belt etc, and 2) the southwest, both w obv fairly different factors. Really was trying to argue against the idea of local wages being irrelevant in centres of employment (on perhaps the wrong thead) as much as talk about the SW

Question more relevant to the SW - what are rents like?

chucky

Graham_Devon wrote: »

So, is more social housing the answer? This is what the group of MP's etc are pushing for today.

it's a partial answer. but you will have the same social issues where residents of the council estates have less social responsibility. for me Shared Ownership is the answer where residents will feel more for where they live as they are actually paying for it and own it.

Graham_Devon wrote: »

Or, should second home ownership looked at and maybe discouraged?

why!? we're not in a communist country where the state owns everything.
people should be free to buy what they like when they like (within the laws of the country that is)

lostinrates

the_ash_and_the_oak wrote: »

Badly phrased on my part - was talking about two diff things. 1) smaller towns within commute distance of larger centres - stockbroker belt etc, and 2) the southwest, both w obv fairly different factors. Really was trying to argue against the idea of local wages being irrelevant in centres of employment (on perhaps the wrong thead) as much as talk about the SW

Question more relevant to the SW - what are rents like?

Yes, got your point re stockbroker belt and agree, and we do have different factors (as was sayig about parts, eg south east somerset) being some distance from areas where employers hve lots of wage cmpetition. In fact, I think any real wge competiton could be benefits in some cases.

Lettings ideas: http://www.palmersnell.co.uk/content/002_To_Lehttp://www.symondsandsampson.co.uk/pages/residential_lettings/default.aspt/002_Lettings/

http://www.cooperandtanner.co.uk/residential_lettings.asp

purch

Question more relevant to the SW - what are rents like?

Well in West Somerset, you could rent a 3 bed type place that would be marketed at £ 180/220K for £600/650 pm

Larger properties struggle to be rented, and you can often find really nice places, even with a decent chunk of land for £1,000/£1,200 pm.

Graham_Devon

chucky wrote: »

why!? we're not in a communist country where the state owns everything.
people should be free to buy what they like when they like (within the laws of the country that is)

Just like we discourage the use of gas guzzlers through higher taxation etc for the reason that resources are not finite.

Housing resources also are not finite, and as lots of the more optimistic keep saying, to back up rising house prices, the population is getting bigger.

It doesn't make THAT much sense for someone to own a holiday home while another person is priced out because of that person having a holiday home.

I'm not talking about banning of such things. I'm talking of discouragement through higher payments of second homes. Something that isn't needed. That higher taxation revenue could then be put to use focusing on new homes.

If someone can come up with an argument as to why this is punishing to some, I'm all ears.

lostinrates

Graham_Devon wrote: »

.

If someone can come up with an argument as to why this is punishing to some, I'm all ears.

OK. Here's one. My DH is a City Lawyer, in UK, the only place there is work for him is in th City. If I am to return to work I need to work in a rural area: there is no work for me in suburbs or cities.

For us both to work he needs to be in reach of City, I need to be living in rurality. It seems to me, him having a small scity place to live, and a short commute to work is not only better for us, but for the envirnment (though I'm happy to be corrected on tht one.)

Really2

Graham_Devon wrote: »

The argument "move" can't be used for everywhere with higher prices.You can't go down the road, within commuting distance and suddenly go "oh, half price houses here! Yay!"

so whats the solution graham It can't be magic that the prices are so high!

You missed this bit.

Really2 wrote: »

More social housing is the answer to support the people who live and work in the town. (As they can not afford to buy) Otherwise they buy in a cheaper local town and commute.

Are you really saying there are no cheaper property within 10 miles?