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13
Aug 2020
Harrogate councillors back £4.5m social housing investment
Councillors have backed a major investment into social housing in Harrogate.
Meeting last night on Zoom, Harrogate Borough Council's cabinet gave the green light for the authority to spend £4.5m on 52 properties that are currently being built on Whinney Lane in Pannal Ash.
16 of the homes would be transferred to HBC’s housing company, Bracewell Homes, to be sold under shared ownership, and the rest would be made available for social rent.
Developer Stonebridge Homes has planning permission to build 130 homes at the site with work currently underway. The homes earmarked by HBC for purchase are scheduled for completion in November.
Councillors were told that around 1,500 council homes have been lost in Harrogate town centre since Right to Buy was introduced in 1980 which the Whinney Lane purchase will help mitigate.
Cllr Mike Chambers, cabinet member for housing, called the purchase "good news" for HBC.
Cllr Graham Swift, cabinet member for economic development emphasised that HBC's housing stock has been "significantly" reduced due to Right to Buy sales and the investment would "alleviate some of the demand from social housing that is there."
HBC says it could recoup between £1.18m and £2.37m from the 16 shared ownership properties, with the council turning a profit on the purchase after at least 13 years thanks to the rental income.
Cllr Chambers said the purchase will help get families off the council home waiting list, which currently stands at 1,249 households.
However, the council's report into the purchase warned there is “uncertainty” over the medium to long-term future of the housing market as estate agents in the district report a “pent up” demand for housing following the easing of lockdown restrictions.
Read more:
270 homes and primary school proposed for Whinney Lane
County council won’t budge on seven month Whinney Lane closure
In related news, almost 50 Pannal Ash residents met on Sunday at the Squinting Cat pub to “mobilise” against hundreds of new houses proposed for Whinney Lane.
It was organised by Whinney Lane resident Mike Newall who wanted the event to be a “wake-up call” for locals who he said will face years of disruption.
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