Yarlington gives people a chance on housing ladder

THE Yeovil-based Yarlington Housing Group is trying all it can to ensure that there are homes available for those people normally priced out of the property market.

According to the Office for National Statistic’s August House Price Index, published earlier this week, the average price of a house in the UK has risen by 3.8% over the year to August 2013, bringing the average mix-adjusted price to £247,000. Prices paid by first-time buyers were 4.9% higher on average than in August 2012.

Recent research by Shelter shows that it would take the average family 12 years to save up the deposit for a home of their own and the charity made a call for the construction of more social rented homes and shared ownership homes to help brings prices under control.

One organisation acting to ensure there are homes available for those priced out of the property market is affordable housing provider, Yarlington Housing Group, who has recently signed contracts with Persimmon Homes on a development in Taunton, Somerset, which will deliver 189 new affordable homes over the next few years.

The new homes will be part of the successful Heathfield Gardens development in Bathpool, on the northern edge of Taunton. Half of the Yarlington homes here will be for social rent and the other half for shared ownership (part buy and part rent), increasing the opportunities of home ownership for families on normal incomes.

PHOTO: Yarlington Housing Group does all it can to help people onto the property ladder.

Heathfield Gardens is Yarlington’s second development in Taunton Deane following the successful development of 13 flats at Canal View, Bathpool.

Yarlington’s executive director of growth and investment, Barbara Richardson, said: "This development gives local people the chance to get on the housing ladder by providing homes that they can afford."

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