Allow
More info
Torbay Council is committed to providing high quality housing for people who are unable to access or afford market housing, for example, vulnerable people and key workers as well as helping people make the step from social-rented housing to home ownership.
The Government's definition of affordable housing is:
'Affordable housing includes social rented and intermediate housing, provided to specified eligible households whose needs are not met by the market'
Affordable housing should:
- Meet the needs of eligible households including availability at a cost low enough for them to afford, determined with regard to local incomes and local house prices
- Include the provision for the home to remain at an affordable price for future eligible households or, if these restrictions are lifted, for the subsidy to be recycled for alternative affordable housing provision.
There are two main categories of Affordable Housing:
- Homes for rent (social rented) - Social rented housing includes dwellings owned and managed by a Registered Provider (formerly known as Housing Associations). Properties are let with rent levels that are set nationally.
- Intermediate Housing - Is provided at costs above social rented levels but below market prices. It includes shared equity schemes, low cost homes for sale and intermediate rent.
It is often asked why affordable housing is such an important issue? The reason it is and that it is government policy to provide affordable homes is because not everyone is able to find a suitable home that they can afford on the open market whether this is to rent or buy. The problem is that there is insufficient affordable housing for everyone that needs it and it's not easy to provide (build) more of it. Households therefore find homes in the private rented sector with support from Housing Benefit. Alternatively, for those unable to find an affordable home of their own, sharing with another household becomes necessary.
- How do you access affordable housing - rented?
- How do you access affordable housing - low cost home ownership?
- The Housing Associations Working in Torbay
- The H
ome and Communities Agency - The Process for Developers delivering Affordable Housing
- Housing Strategy
- Recent Developments
Related Documents
All documents open in a new window. Need more help with documents? View the Document Help page.
Sorry, no related documents.
Related Websites
Contact Affordable Housing Team
- Tel: 01803 208066
- Email: affordablehousing@torbay.gov.uk
- Fax: 01803 208438
