9 Jul

Property experts debate affordable homes in south-west

Property experts debate affordable homes in south-west

Property experts are due to meet in Somerset later this month to discuss how to create affordable homes for young people in the south-west.

Currently, the region is the second most expensive area in the UK outside of London for first-time buyers, according to the Chartered Institute of Housing (CIH).

Cornish MP Matthew Taylor is due to speak on the lack of availability of rural housing, while Glastonbury Festival founder Michael Eavis will open the seminar on July 24th.

Mr Eavis commented: "The current housing crisis is just not sustainable and should be the most important concern in the whole country. I wanted to start an awareness campaign to highlight the need for many more affordable homes."

Wendy Murphy, a representative from the CIH and chair of the event, added that the money is there for affordable housing, but barriers to delivery of it need to be broken down.

The majority of the most expensive properties in the UK are in the south of England, with London boroughs dominating the top ten dearest places to live.

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