We are delighted to announce the first new development of affordable homes by RHTL in nearly 10 years. With UK houses costing an average of 7.7 times more than average annual earnings, we are all too aware of the growing unaffordability of owning a home. However, for one village in West Sussex this will soon be less of an issue. The new scheme will increase the number of shared ownership properties available in the village from 3 to 9, in-line with a Housing Needs Survey conducted by the Parish Council. If this ratio were applied across the country, we would be going a long way to tackling the national challenge.
In addition, we also celebrate the work Liz Fitzsimmons, known to many of you, undertook for more than 20 years with RHT. And also a chance to welcome Jeremy Page, who brings to RHT his “know-how” of social enterprise, gained from a career working at senior level for housing associations.
Here at RHT we continue working closely with Parish and District Councils to help meet housing need in rural areas throughout England. For many of us the cost and availability of housing in our village community makes home ownership impossible. We believe in Shared Ownership as an answer for local people wanting to get started as home owners and to remain in the village community they know.