Ribble Valley Borough Council

Housing Needs Survey

Analysis

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In determining local afforability from the results of a Local Housing Need Survey, the following financial indicators shall be used.

  • Housing for sale - to be affordable with a 95% mortgage equivalent to three times the gross annual income (or 2.7 times the gross income for a couple) of those people identified as being in housing need.
  • Housing for rent - rent levels no higher than 25% of the gross weekly full time earnings of those people identified as being in housing need.