Fylde facing backlash of a nationwide ‘housing crisis’

Jacqui De Rose, chief executive of the Progress Housing Group
Jacqui De Rose, chief executive of the Progress Housing Group

House prices in Fylde are now as much as 7.5 times the average annual income.

Figures in Fylde show the mean house price is £196,675, while mean annual earnings are only totalling £26,364.

Katie Teasdale, external affairs manager for the National Housing Federation in the North West

Katie Teasdale, external affairs manager for the National Housing Federation in the North West

The income required for 80 per cent of a mortgage is £44,954, meaning that annual earnings fall almost £19,000 below what is required.

The gap makes it impossible for anyone earning minimum wage – just over £13,000 per year – to purchase a home.

Jacqui De Rose, chief executive of the Progress Housing Group, which offers social housing in Fylde, said: “We are fully supporting Homes for Britain – a nationwide campaign which is calling on all the major political parties to make a commitment to end the housing crisis in a generation.

“The figures shows the market is clearly not working, and it is vital that housing associations, such as ours, are able to continue building good quality, affordable and secure homes so that families in Lancashire can have their housing needs met.”

A Fylde Council spokesman added: “We recognise there is a gap between earnings and prices, and this is a nationwide problem in desirable areas such as Fylde.

“This gap causes problems with affordability.

“Fylde Council is working with its registered social landlord partners to deliver more affordable housing in the borough.”

Katie Teasdale, external affairs manager for the National Housing Federation in the North West, said: “We are seeing a divided picture in the North West, with strong confident cities needing a housing offer which matches their growth ambition.

“We need to sit down with local leaders to make sure that good quality accessible housing sits alongside skills, jobs and transport.”