Low Cost Rented Homes Available in Ribble ValleyPublished Monday, 27 October 2014
New homes are available for rent by working families in Ribble Valley at 80 per cent of the market value.
Rent can be as low as £340 a month for a one-bedroom house and from £550 a month for a four-bedroom house.
Rachael Stott, Ribble Valley Borough Council’s housing strategy manager, said: “There is a common misconception that affordable rented properties are only for out-of-work families, but nothing could be further from the truth.
“They are fast becoming the ideal option for working families looking for a brand new home, but without the resources to buy one.
“As well as discounted rent, affordable rented homes offer long-term security and fast repair response rates.”
Mum-of-five Gemma Woodward, whose partner Chris works in a warehouse, added: “We pay £130 a week rent on our new four-bedroom home in a lovely development in Clitheroe. A property like this would have been beyond our reach on the open market.”
House prices in Ribble Valley are way above the national average – a modest family home now costs around 10 times the average salary – and first-time buyers are being forced out of the communities their families have lived in for generations. There is also a chronic shortage of accommodation for young single people and the elderly.
For more information about affordable rented properties for working households see Affordable Homes or contact the housing team on 01200 414567.