Friday, October 14, 2011

Cant even sell the cr4p either

Landlord snub to ‘cheap’ flats

after struggling to sell the apartments to landlords or ‘approved persons’ - people who have shown to the council a priority need for low-cost housing. Planning officers told the committee Gladedale had blamed a lack of parking, an “absence of consumer confidence for town centre apartments” and low-income buyers’ problems in getting mortgages for their difficulties in selling the affordable flats.

Posted by mark @ 10:57 AM (1254 views)
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3 thoughts on “Cant even sell the cr4p either

  • crash bandicoot says:

    Even “affordable” housing is now unaffordable to most. We have seen the indicies turn southwards and inflation increase. The thin veil of ever increasing property values is now struggling to keep reality hidden.

    Who will buy my luverly apartments?

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  • mark wadsworth says:

    “Affordable housing unaffordable: shock”

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  • Of course they are careful to mention the old ‘mortgage availability’ chestnut of all. I do hope the councillors didn’t fall for that one but I suspect the developers have the councillors right where they want them in being on message that finance is the answer not the problem.

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