Ryedale District Council

 

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Affordable housing

House prices in Ryedale are very high when considered relative to local average wages, making it extremely difficult for local people who have a low income to afford to buy their own home. To tackle this, the council works in partnership with local housing associations to provide affordable homes.

We are part of the North Yorkshire Strategic Housing Partnership which aims to provide a co-ordinated approach to tackling housing need across the County. Partners have agreed a common North Yorkshire Housing Strategy. Ryedale's Strategic Housing Market Assessment is available on Housing supply and delivery page.

The Housing Development and Rural Housing Enabler work in partnership with several Housing Associations to provide more affordable homes in the district.

Our Housing Options service standards are available in our Web Library.

 

What is affordable housing?

The definition of affordable housing is taken from the National Planning Policy Framework (NPPF) February 2019.

Affordable housing: housing for sale or rent, for those whose needs are not met by the market (including housing that provides a subsidised route to home ownership and/or is for essential local workers); and which complies with one or more of the following definitions:

  1. Affordable housing for rent: meets all of the following conditions: (a) the rent is set in accordance with the Government’s rent policy for Social Rent or Affordable Rent, or is at least 20% below local market rents (including service charges where applicable); (b) the landlord is a registered provider, except where it is included as part of a Build to Rent scheme (in which case the landlord need not be a registered provider); and (c) it includes provisions to remain at an affordable price for future eligible households, or for the subsidy to be recycled for alternative affordable housing provision. For Build to Rent schemes affordable housing for rent is expected to be the normal form of affordable housing provision (and, in this context, is known as Affordable Private Rent).
  2. Starter homes: is as specified in Sections 2 and 3 of the Housing and Planning Act 2016 and any secondary legislation made under these sections. The definition of a starter home should reflect the meaning set out in statute and any such secondary legislation at the time of plan-preparation or decision-making. Where secondary legislation has the effect of limiting a household’s eligibility to purchase a starter home to those with a particular maximum level of household income, those restrictions should be used.
  3. Discounted market sales housing: is that sold at a discount of at least 20% below local market value. Eligibility is determined with regard to local incomes and local house prices. Provisions should be in place to ensure housing remains at a discount for future eligible households.
  4. Other affordable routes to home ownership: is housing provided for sale that provides a route to ownership for those who could not achieve home ownership through the market. It includes shared ownership, relevant equity loans, other low cost homes for sale (at a price equivalent to at least 20% below local market value) and rent to buy (which includes a period of intermediate rent). Where public grant funding is provided, there should be provisions for the homes to remain at an affordable price for future eligible households, or for any receipts to be recycled for alternative affordable housing provision, or refunded to Government or the relevant authority specified in the funding agreement.

Properties will be advertised on the Available Affordable Homes page of the website as they become available, including those for resale. If you are interested in any of the advertised homes, please download and complete an application form below. The team will contact you with more specific information.

If you would prefer to have a paper application form sent out to you, please submit an Enquiry Form to request a copy.

Download an Affordable homes application form (PDF, 7 pages, 157kb)

Please note: we do not hold a waiting list for people interested in Discount for Sale, Affordable Rents or Shared Ownership properties. Please apply as and when a property that you are interested in becomes available, stating clearly to which specific property or development you are referring. 

Low cost home ownership

The low cost home ownership schemes in the District are:

  • Discount for Sale
  • Help to Buy Shared Ownership
  • Help to Buy: Equity loan

If you can't afford to buy a home without help and you live or work in the immediate area and have an annual income of less than £40K, or £60K for joint applicants.

How does it work?

Local Authorities give planning permission to private developers but set a restriction that some of the properties have to be sold at a discounted price. The private developer then sells the discounted properties direct to a buyer like you but you must meet local needs criteria.

The discount can be any amount but is usually between 25% and 50% of the open market value.

How do I qualify?

The criteria is different for each scheme but first priority is normally given to those who live or work in the immediate area. If you are able to buy on the open market without help then you would not qualify, eg, if your annual household income is more than £40,000, or £60,000 for joint applicants. If you have a deposit which is more than 15% of the value of the property we would need to know why you are applying for affordable housing.

What happens when I want to sell the property?

The original discount is passed on to the next person, so if you bought the property with a 25% discount you can only sell the property at 75% of the open market value.

Do I have to pay rent?

No, there is no rent to pay as you would own the property 100%. With discounted sale the property can only ever be sold at the set % of the open market value which means that the property will always be an affordable home.

Properties will be advertised on the Available Affordable Homes page of the website as they become available, including those for resale. If you are interested in any of the advertised homes, please download and complete an application form below. The team will contact you with more specific information.

Download an Affordable homes application form (PDF, 7 pages, 157kb).

In order to ensure that discounted sale properties are sold to the client groups for which the scheme is intended, the key factors which we will take into account when assessing eligibility and priority are included in this document (PDF, 2 pages, 256 kb).

If you would like to buy your own home but cannot afford it shared ownership may be an affordable option for you. The scheme enables local households to buy a share of a newly built home and pay rent on the remaining share.

Find out more about how shared ownership works.

What House? is an online property portal featuring hundreds of affordable homes and housing. This is a free search tool for people searching for affordable housing from housing associations and developers in the Ryedale area.

With a Help to Buy: Equity Loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.

You won’t be charged loan fees on the 20% loan for the first five years of owning your home.

Who has the right to buy?

The Right to Buy scheme enables council tenants who meet certain conditions to purchase their houses. There are no council houses in the Ryedale District Council area, so this is not available for anyone living in Ryedale.

Who has the right to acquire?

The Right to Acquire scheme enables housing association tenants who meet certain conditions to purchase their houses. For further information about the scheme and to download an application form visit GOV.UK or contact your housing association direct.

More information is available from;

 

 

Contact us


Ryedale District Council
Ryedale House
Old Malton Road
Malton, North Yorkshire
YO17 7HH

Email: Contact the Council

Phone: 01653 600666

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