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Tuesday 13 April

Brampford Speke, Upton Pyne and Cowley Community Land Trust

The availability of affordable housing for local people is an essential element of a thriving community. This allows people to continue living in our villages despite increasing house prices.

The Brampford Speke, Upton Pyne and Cowley Community Land Trust (the CLT) is a not-for-profit organisation run by a group of local volunteers, operating for the benefit of the whole community.
The CLT has facilitated the building of seven affordable homes for people with strong connections to our local community at Lake’s Down in Upton Pyne. The residents include families with young children and others with a long-standing connection to our villages.

The public green space at Lake’s Down is managed by the CLT. This is a precious open space for children to play and parishioners to sit and enjoy.

The CLT communicates with all members of its local community in a transparent and timely way. We post monthly updates in Speke Up magazine.

We are a welcoming and inclusive group, and people of any age who share our vision are invited to join us. If you would like to find out more about getting involved then please contact Sally Discombe, Membership Secretary, at sallydiscombe@gmail.com.

EXPLANATION OF RENTAL COMPARISONS


The CLT has been asked for an explanation of affordable rent and how much this will be if a local scheme goes ahead. Whilst we cannot give any precise figures at this stage we hope the following will help make decisions.

Most homes rented out by a housing association or local authority have their rents based on the market rent in that area i.e. the rent charged by private landlords. Clearly these vary widely according to age, condition, facilities, features and precise location. The Office of National Statistics (ONS) and Valuation Office Agency (VOA) produce data for all local authorities which include the variations within these areas.
Local authority – in our case East Devon District Council - housing rents (column 3) are typically 65% of the average market rents, examples of which are given in columns 4-6 below. These are median (middle) values for each authority.

Affordable rents (so called) are set by the housing association which owns the houses, under a leasing arrangement from the CLT, are limited to a maximum of 80% of the local market rent. Typical current rents for the homes at Lake’s Down, Upton Pyne are given in column 2 in the table below.
There are many variables involved, a fair bit of room for interpretation and in some cases limited information so please take the values shown as guidance only. Also bear in mind that any new build will be to a higher standard than the averages quoted and more efficient to heat, Also, most, if not all, 1 bed dwellings used in local authority data will be for flats and not houses.


RENTAL DATA COMPARISONS – WEEKLY VALUES

1

PROPERTY SIZE

2

CURRENT

UPTON PYNE SCHEME

3

EDDC RENTS

4

EAST DEVON

MARKET RENTS

5

EXETER

MARKET RENTS

6

MID DEVON

MARKET RENTS

 

1 – bed

 

 

£112

 

£82

 

£116

 

£134

 

£105

 

2 – bed

 

 

£122

 

£93

 

£151

 

£169

 

£136

 

3 – bed

 

 

£142

 

£102

 

£180

 

£203

 

£168