BNPS_LymeRegisLandforLocalsScheme_04.jpg
BNPS.co.uk (01202 558833)
Pic: Yarlington/BNPS
The homes will provide much needed housing for young local families.
A wealthy inventor whose ancestor fought with Nelson on HMS Victory is now helping young families by donating a plot for a land for locals scheme in a upmarket seaside resort.
Fifteen properties are being developed on the land in Lyme Regis in Dorset - one of the worst areas in Britain for first time buyers.
The average price of property in the seaside town now stands at £350,000, well out of reach of most locals.
To help combat the housing crisis, landowner and entrepreneur David Garman OBE agreed to make available the one acre plot to the Lyme Regis Community Land Trust, a not-for-profit organisation set up to find affordable homes.
Mr Garman sold the site for a nominal price before the trust secured £2m in public funding to build the new cul-de-sac after planning permission was granted.
Pic: Yarlington/BNPS
The homes will provide much needed housing for young local families.
A wealthy inventor whose ancestor fought with Nelson on HMS Victory is now helping young families by donating a plot for a land for locals scheme in a upmarket seaside resort.
Fifteen properties are being developed on the land in Lyme Regis in Dorset - one of the worst areas in Britain for first time buyers.
The average price of property in the seaside town now stands at £350,000, well out of reach of most locals.
To help combat the housing crisis, landowner and entrepreneur David Garman OBE agreed to make available the one acre plot to the Lyme Regis Community Land Trust, a not-for-profit organisation set up to find affordable homes.
Mr Garman sold the site for a nominal price before the trust secured £2m in public funding to build the new cul-de-sac after planning permission was granted.
©Yarlington 28 Sep 2016 2687x2264 / 1.3MB