Graphic version of this page
News papers on a laptop

South Hams' tenants paid £24,000 to downsize

The following link to the BBC website sets out the latest news regarding South Hams District Council's successful use of the Tenants Incentive Scheme (TIS):

http://www.bbc.co.uk/news/uk-england-devon-11926374

The scheme is similar to those used by Councils throughout England (each having slightly different variations). They all have the basic aim of offering people living in social rented housing a financial incentive to move to accommodation where they occupy a property that is larger than their needs. The Council provides a financial incentive to encourage them to move and often the landlord Housing Association makes a contribution also.

There is normally a set amount payable plus an additional amount per bedroom.

The intention is to ensure that larger affordable properties are not under occupied and, therefore, that the affordable housing stock in a Council's area is used as efficiently as possible. The average house price quoted in the article for a property in South Hams shows the difficulty local people are faced with when looking to find a home.

This affordability gap is mirrored throughout the South West. The Chartered Institute of Housing for the South West has recently reported that only 35% of working households can afford to buy a home in the area and the situation is worse for young people, where only 21% of people under 40 can afford to buy.