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New report shows extent of York housing crisis
YOUNG families and single people are being priced out of York’s property market, according to a new report into the housing crisis across the country.
National charity Shelter says the city is one of the worst housing blackspots for first-time buyers, with 97 in every 100 homes on the market unaffordable for a typical couple with children. Only 3.1 per cent were classed as affordable.
Across Yorkshire and the Humber, the figure is a healthier 30 per cent and it peaks at 58.3 per cent in Hull. Only Harrogate and Hambleton District fare worse than York, at 1.6 per cent and 2.6 per cent respectively. London’s figure is 1.6 per cent.
For single people, 11 per cent of homes in Yorkshire are affordable but only 1.5 per cent in York are.
Shelter looked at all properties for sale in Yorkshire and the Humber on one day, and compared them with mortgages that families, couples and single people on average wages could afford as first-time buyers. A spokeswoman said: “The results reveal a shocking picture.
"In a third of all local authority areas in Yorkshire and the Humber fewer than one in ten of the homes on the market were affordable for families - even assuming that they were able to save a large 20 per cent deposit.”
She said the picture was bleaker for those looking to use the Government’s Help to Buy mortgage scheme, saying a 95 per cent mortgage would mean higher monthly mortgage costs.
Shelter said while most of Britain’s affordability crisis was concentrated in the south, there was a “band of low affordability” from the Lake District to the Vale of York.
The charity says the problem stems from a lack of affordable homes, and says the Government must build or face a heightened crisis.
Dave Merrett, City of York Council’s cabinet member for planning, said: “This is no surprise to those of us who’ve seen York become increasingly unaffordable over the years for ordinary working people.
"This now extends to renting too, which more and more people are struggling to afford. The affordability of both tenures is having a direct impact on numbers living in poverty, with people born and brought up in the city being forced to move elsewhere when they want to set up their own home or start a family.”
He said the housing plans in Labour’s Local Plan gave a “ray of hope” to those who wanted to live and work in York. The plans have caused controversy in York, particularly due to plans to build on green field land.
Percentage of homes affordable to a couple with children
Yorkshire and Humber: 30%
East Riding: 27.8%
Percentage of homes affordable to single people
Yorkshire and Humber: 11%
East Riding: 10.5%
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