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Who will buy these homes?

(217 Posts)
Gloriana Mon 18-Aug-25 07:48:59

There are presently around 10,000 new houses being built within a ten mile radius of my house and I know these sort of numbers aren't unusual for many areas. Do any gransnetters know anyone who is buying one of the new houses? Atm building on the nearest new estate has been stopped as houses are not selling, yet still thousands more are planned. Who is buying them?
I know we need many more affordable homes, and we desperately need more social housing but these are private homes that are being built - and not what I would call affordable! It is my understanding that young people wanting to get on to the housing ladder and asylum seekers are the main categories of people needing homes but these huge private estates are not the answer for either of them. So who will buy??

David49 Mon 18-Aug-25 13:37:47

growstuff

CariadAgain

I believe Black Rock (HUGE!) investment company are looking to buy a lot of homes - to rent them out for a profit for themselves.

Add in - yep...some existing houses are being taken out of the private rented sector - by virtue of tenants being thrown out, the house then turned into an HMO and in comes several illegals - ie instead of the tenants. Those chucked-out tenants still need homes - after having their existing ones grabbed off them...

That post seems to have included a number of current conspiracy theories.

Conspiracy theories on GN never, plenty of bigoted fixed opinions

growstuff Mon 18-Aug-25 13:35:25

CariadAgain

I believe Black Rock (HUGE!) investment company are looking to buy a lot of homes - to rent them out for a profit for themselves.

Add in - yep...some existing houses are being taken out of the private rented sector - by virtue of tenants being thrown out, the house then turned into an HMO and in comes several illegals - ie instead of the tenants. Those chucked-out tenants still need homes - after having their existing ones grabbed off them...

That post seems to have included a number of current conspiracy theories.

David49 Mon 18-Aug-25 13:22:35

Our town has double in size in my lifespan, many work outside the town, town centre shops have close and moved to retail parks on the outskirts.

The town has already changed out of all recognition

fancythat Mon 18-Aug-25 13:07:44

Around here, there are new houses built that havent been sold yet.
And planning been approved for 92 or thereabouts, new houses.
Who is going to buy them when built?

Jaxjacky Mon 18-Aug-25 12:53:06

Me too both.

Iam64 Mon 18-Aug-25 12:48:52

Thanks Doodledog, I’ll be interested in the response

Doodledog Mon 18-Aug-25 12:40:31

CariadAgain

I believe Black Rock (HUGE!) investment company are looking to buy a lot of homes - to rent them out for a profit for themselves.

Add in - yep...some existing houses are being taken out of the private rented sector - by virtue of tenants being thrown out, the house then turned into an HMO and in comes several illegals - ie instead of the tenants. Those chucked-out tenants still need homes - after having their existing ones grabbed off them...

Can you explain how 'illegals' get housed, please? If they are 'illegal' they will be deported if they become known to the authorities, and will be unable to accrue points in order to get to the top of the queue for housing.

Also, how can tenants have their homes 'grabbed'? There are laws to prevent this, and the new government is tightening them to prevent greedy landlords from evicting people without valid reason.

David49 Mon 18-Aug-25 12:33:40

New homes are selling, developers wouldn’t build them otherwise, here they seem to build in stages, build one batch sell them before moving on to the next.

The biggest obstruction to more housing in this area is planning conditions and nimby locals objecting to everything. I did go to a ward meeting discussing the local plan recently, they opposed everything within 2 miles, laughable.

Doodledog Mon 18-Aug-25 12:08:56

I live in a market town that had about 11,000 residents in 1990. Now the population is 15000, which is a huge increase in a small area. The infrastructure, typically, has not kept pace with the number of residents, and a mixture of the growing population and the system that allows children from other towns to use the schools (mostly rated 'Excellent') means that local children don't always get places, causing friction between 'incomers' and locals.

The trend towards working from home has meant that people from well outside the area have moved here because it is a lovely part of the country and the houses are cheaper than in the SE. They are still expensive for locals, however, so a lot of the new builds are bought by people with profits from smaller houses in more expensive areas, which can also cause tensions.

Modern houses are not my thing - I'd rather have good sized rooms and walls separating spaces than open-plan living areas and tiny bedrooms each with its own bathroom - but most house buyers must want that, and in any case there aren't enough older homes to go round. People seem to prefer detached houses crammed together in warrens than connected houses in wide streets with surrounding space and access to facilities.

As with other areas, most of the new houses are 4-5 bed boxes, clumped together on estates on the outskirts of town with no amenities. This means that everyone living there has to bring cars into the centre, clogging car parks and polluting the air. There seems to be no thought to it. The town centre (where I live) has developed over hundreds of years, so there is nowhere to put estates, so instead they are on ex farmland, and on spaces where there used to be facilities such as hospitals which have been lost to centralised 'hubs'. The town has lost a lot of its character and sense of self, and if things carry on in this way we will find ourselves joined up with neighbouring towns in all directions. The estates have definitely changed the character of the town, as they do all over the UK.

It is a shame in many ways, but all houses were new once, and people have to live somewhere. Demographic shifts and other shifts in social behaviour, such as divorce, young people marrying/settling down later and becoming less likely to live with parents until they do so mean that there are more households than there used to be, and more houses are needed as a result. Nobody wants them in their backyard, but where are they supposed to go?

CariadAgain Mon 18-Aug-25 11:56:58

I believe Black Rock (HUGE!) investment company are looking to buy a lot of homes - to rent them out for a profit for themselves.

Add in - yep...some existing houses are being taken out of the private rented sector - by virtue of tenants being thrown out, the house then turned into an HMO and in comes several illegals - ie instead of the tenants. Those chucked-out tenants still need homes - after having their existing ones grabbed off them...

Allira Mon 18-Aug-25 11:32:04

So far, I’ve seen no planning applications for affordable or social housing, which is what is needed in the country.

As I mentioned, it is usually mandatory for a certain amount of social housing to be included in plans for new developments. The other thing is that, if developers are unable to sell some of the less expensive housing in a new development, the Council or Housing Association will sometimes purchase it.

Allira Mon 18-Aug-25 11:26:35

Sarnia

Calendargirl

I live in a small market town.

Many of the shops down the main street have flats above them, a large proportion of them look fairly derelict.

If ‘someone’ did them up and rented them out to singles, professional couples, even families with children ( they have big rooms), it would free up some homes and make the town centre look so much better.

Too expensive, I assume.

Liverpool City Council had rows of back to back. two-up, two-down terraced houses, all derelict. They sold them for £1 each to people (not developers etc) who needed a home. They were able to get a loan from the council to improve the houses and the difference in them was remarkable.
The Council shifted these houses, people had somewhere to live and as they had worked hard to do them up they looked after them and crime dropped.

They did that in Stoke-on-Trent too, years ago. An excellent idea.

Every new estate has to include some social and affordable housing, I think.

The Council wants to build on flood plains near here 🤨

The problem with new developments is that they tend to be on the edges of small towns or villages but separate from them and there seems to be little integration.

Infill and brownfield sites within the parameters of existing towns would seem to be better then using greenfield or farm land.

Kate1949 Mon 18-Aug-25 10:36:05

There are almost 1000 lovely apartments left empty here in Birmingham. They were built for the Commonwealth Games but not finished in time. So there they sit due to some dispute or other.

TerriBull Mon 18-Aug-25 10:34:06

We live in a village on the edge of a sizeable market town, there are umpteen new developments and it does seem when these newer properties come on the market to be re sold, maybe a couple of years after being built they don't necessarily retain their price, they're too expensive in the first place and I can't help thinking, given they don't sell very quickly there's an over supply. The market, as others have pointed out has stalled somewhat. My husband has recently found out the golf club where he's a member, have had plans approved for yet another housing development, well he'll find an alternative club no doubt. The point is that previously the same plans had been submitted and rejected on the basis of potential problems with the water supply and sewage to service these new builds, that won't have changed but its been pushed through now under this government's housing proposals. The area will soon be saturated with unaffordable new builds lacking the necessary infrastructure.

Sarnia Mon 18-Aug-25 10:21:36

Calendargirl

I live in a small market town.

Many of the shops down the main street have flats above them, a large proportion of them look fairly derelict.

If ‘someone’ did them up and rented them out to singles, professional couples, even families with children ( they have big rooms), it would free up some homes and make the town centre look so much better.

Too expensive, I assume.

Liverpool City Council had rows of back to back. two-up, two-down terraced houses, all derelict. They sold them for £1 each to people (not developers etc) who needed a home. They were able to get a loan from the council to improve the houses and the difference in them was remarkable.
The Council shifted these houses, people had somewhere to live and as they had worked hard to do them up they looked after them and crime dropped.

windmill1 Mon 18-Aug-25 10:20:46

It's now reaching the point that once quite separate village communities have effectively been joined together due to large developments filling in the 'breathing' space between them.

In the past it would take a few hundred years for hamlets to become villages, then townships then fully blown towns. They evolved gradually. Now, it seems to be happening in just a very few short decades. And the current crop of new builds seem to be of substandard quality.

Some developers are sharks who, just about legally, take the money and run.

Calendargirl Mon 18-Aug-25 10:07:50

I live in a small market town.

Many of the shops down the main street have flats above them, a large proportion of them look fairly derelict.

If ‘someone’ did them up and rented them out to singles, professional couples, even families with children ( they have big rooms), it would free up some homes and make the town centre look so much better.

Too expensive, I assume.

Athrawes Mon 18-Aug-25 10:02:15

My granddaughter and her husband [well he will be next week!] are staying with us - no problem - but obviously they'd love something of their own but there's nothing suitable in our area and he needs to be in the same vicinity because it's near London as he has to travel a lot- and she wants to be near her family and work place. I love having them around - they're no trouble but it's not really ideal.

Jaxjacky Mon 18-Aug-25 09:59:13

Loads of new builds near us, of those I know who have bought one couple lived at home until they married, then bought (parents paid deposit), a second couple were similar but haven’t married. Two other couples were renting in not very pleasant flats and have bought under the shared ownership scheme.
Our local authority have to meet government targets as MOnica said.

Boz Mon 18-Aug-25 09:42:26

People's housing ambitions are unrealistic. Unless you have money for a deposit or the income to pay the bills, it will become increasingly difficult to get on the housing ladder via a new build in a desirable area. New builds are expensive and affordable is subjective. Cheap housing is available but usually in inner city areas where people do not want to buy to live - merely rent out to others.
It's no good demanding cheap Council houses if these properties are not cheap to build. Housing is not a charity and people can no longer expect subsidised rent, especially when it is abused by those who sub-let for gain.

Luckygirl3 Mon 18-Aug-25 09:27:59

Toetoe

Hundreds of new homes being built in my area some are social housing , lots of squashed together flats but the prices are high. £290K for a terraced 2 bed . I went to view this house. It was reasonably spacious and both bedrooms double , decent kitchen , small lounge . Garden of an acceptable size . Mid terraced so very overlooked and houses close together overlooking each other . But , I knocked on the dividing wall and it sounded hollow , it seems the houses are built with those lightweight breezeblocks , so the dividing wall is breezeblocks and plaster board . Immagine the soundproofing! Surely neighbour noise would be quite intrusive. The house I live in is 2 bed mid terrace 45 years old , the dividing walls are heavy breezeblock and brick because when I knock the wall it is not hollow . Neighbour noise is reasonably subdued but manageable. ( I do have quiet neighbours thankfully ) I don't think these modern fast built houses are very well built but when I meet someone who is living on the new estate I will ask .

There are sound insulation regs for new houses now and the inspectors test for this. My 5 year old semi is brilliant in that regard. Our TVs are behind each other on the shared wall and we neither of us hear the other at all.

Lathyrus3 Mon 18-Aug-25 09:27:31

My house before this ne Toetoe was a terraced new build and the sound insulation was ver good. The hollow sound is because the plaster board is attached to the solid walls with batons, leaving a space, rather than plaster directly applied to a solid wall. this means, taking into account next door, that there are three layers of sound insulation plus air between houses rather than one solid one.

I only heard my neighbours if they were drilling to put up shelves or something like that.

It was a hundred times better than the solid wall 1939s houses that I have lived in!

New estates inevitably look soulless. Where I an now was built in the 1990s. It doesn’t look soulless now.

M0nica Mon 18-Aug-25 09:18:27

Local Authorities gie the planning permissions because they are penalised if they don't. Developers then build the houses at the speed that they can sell them.

What does it matter who buys these houses? The simple fact is they sell, otherwise they would not be built.

Where I lived until July was in an are that attracted high science and high tech IT companies. Many well paid jobs for highly qualified people of all nationalities, a mainline train to London for commuters and a good motorway north south and east west connections. All this attracted buyers to the area.

Where we live now has become a commuter destination since WFH began. DD moved half an hour further from London to live here this year because she works from home 3 days a week.
Again it is in an area becoming popular with companies because of good motorways and transport links.

Salaries in bothplaces are high, people are moving up the housing ladder.

Of course we need the new houses, many people are living in inadequate homes or families are homeless. We give visas to 100s of 1000s of legal immigrants each year. They need homes for themselves and their families. As I keep saying builders do not build houses they cannot sell

rosie1959 Mon 18-Aug-25 09:11:56

Our small market town has been spoiled by large housing estates being built on every bit of green space. What used to be playing fields and green space has been built on. But we have no increase in amenities and a poor road structure.

Skydancer Mon 18-Aug-25 09:03:12

I feel like doing a survey and ask the people in the new houses where they lived before. I can’t believe we need so many. Where I live thousands of new houses have spoiled the landscape and clogged the roads. I can’t believe all these houses are necessary.