Summary
A housing charity called Homes for Wells provides affordable rental homes for key workers in Wells-next-the-Sea and nearby areas. The charity has been operating for 20 years and offers properties below market rates to help local families who face high housing costs. Despite having 27 properties, there is still a significant demand, and the charity plans to acquire more homes.
Key Facts
- Homes for Wells is a charity offering affordable homes in Wells-next-the-Sea, Norfolk.
- The charity owns 27 properties, valued at £5 million.
- Homes for Wells assists 47 families and is looking to expand.
- Rental properties are offered at about 80% of the local market rate.
- The charity prioritizes key workers and people with local ties.
- High rental prices are a challenge for low-wage workers in the area.
- Second homes and unoccupied houses contribute to the housing issue.
- The local council charges double council tax on second homes to fund more housing.
