19 Sep

East Anglian homes numbers set to rise thanks to government scheme

East Anglian homes numbers set to rise thanks to government scheme

House hunters looking for affordable property for sale in Suffolk will be delighted to hear that the government has announced plans to build 401 new homes in the region.

The scheme, piloted by the Homes and Communities Agency, also includes plans to increase the amount of affordable property for sale in Norfolk and Essex too with 312 and 51 homes being built in those regions respectively.

Around 30 per cent of the homes will be provided in rural locations with 25 homes being provided for people with learning disabilities. Specific locations for any potential developments are yet to be released as planning permissions must still be sought.

Saffron Housing Trust chief executive Adam Ronaldson told the Eastern Daily Press: "I think it is good news that there is still some funding coming from outside Norfolk that allows new affordable homes to be developed within Norfolk. It is recognition that we still need to continue building homes for people to live in."

Affordability in the area is low as average property prices are currently 11 times that of the average salary.


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