PLANS are under way to build up to 200 houses near the old town hall in Middlehaven and to bring thousands of jobs to Teesside. With this comes a plethora of new roads that need naming. A few terraced houses began construction in central Middlehaven this spring, giving a […]
Tag: Housing
Sunderland Council investing £59m in expanding its social housing portfolio
SUNDERLAND Council has announced it is buying empty properties to provide housing for the vulnerable. This is part of a £59million five-year housing delivery and investment plan, in which the council aims to bring more than 360 empty properties back into use as family homes, as well as 117 new-build […]
Construction begins on first Sunderland council houses to be built in nearly 40 years
CONSTRUCTION of the first council houses to be built in Sunderland for 40 years has began in an important day for the city. Sunderland Council has appointed construction company Tolent to build 17 affordable bungalows, 16 of which will be specially adapted to provide homes for people with physical disabilities […]
North East is the most affordable region to live in according to Government statistics
New government figures show that the North East is one of the most affordable places to live in the country compared to other regions in England. SRNews has investigated what makes the region the best place to live when considering the average house price and earnings for each region in […]
Newcastle housing union encouraging region’s vulnerable adults to vote in 2017 general election
A Newcastle housing union is encouraging the region’s vulnerable adults to vote in the 2017 general election. The ACORN group support individuals and campaign for renters in the UK. They group knew they had to help vulnerable North East adults to register to vote when Theresa May announced that a […]
Plans underway to transform Newcastle warehouse to 26-storey flats
A new skyscraper in Newcastle is set to be built on Rutherford Street, and expected to result in a £40.5m boost to local economy. The housing scheme was given the green light by Newcastle City Council on Thursday 2 February with plans to reconstruct the old vacant warehouse – destroyed […]
Northeasterners willing to save below the national average on home improvements
People in the North East are willing to set aside £11,224 for home improvements, which is below the national average of £17,765. The survey by Zoopla found that this was the average amount that people in the region said they would be prepared to save. Lawrence Hall, a spokesman for Zoopla, said: […]
North East property values yet to surpass the prices they were before recession
The North East is the only English region where property values are yet to surpass their pre-economic downturn peak. This means the houses have not surpassed the money they were worth before the recession. The average property price in the North East is £158,000. House prices increased by 0.4 per cent […]
Buy-to-let market showing signs of “plunging” as stamp duty takes effect
Activity in the buy-to-let market is already showing signs of plunging as a stamp duty hike for investors takes effect. Property website Rightmove reported that interest in new purchases from buy-to-let investors decreased by 27 per cent in March compared with the same month in 2015. When someone sends an […]
First time buyers in the North East could face 10 years of saving before affording first home
A new survey released shows that first time buyers will spend £31,300 on rent while saving enough money to buy their first home. The survey conducted by ARLA concluded people moving out at the age of 18 will face 10 year of saving before having enough funds to buy a property of […]