Developer wants to build 28 homes (From The Oxford Times)
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Developer wants to build 28 homes
6:00pm Monday 11th March 2013 in News
A HOUSING developer is planning to build another 28 homes on one of its “best-selling sites in the country” in Faringdon.
Bloor Homes, which has been building 400 homes on its Folly Park estate in Park Road for the past five years, has applied for permission to build 28 more.
And it still has 50 left to build for which it already has permission.
Bloor’s technical director Steven MacPherson said: “This has been one of our best-selling sites in the country.
“We have a permanent sales office on site, and we haven’t stopped selling throughout the recession.”
The company has given £3m to local infrastructure, including rugby and cricket pitches on the hill above the estate.
The new homes would include 17 three- and four-bedroom houses for the open market, and 11 two- and three-bedroom affordable homes. There would also be 47 parking spaces and 28 cycle spaces between the houses.
Vale of White Horse District Council is due to make a decision on May 20.
In 2011, supermarket Tesco was given permission to build a 2,140sq m store in Park Road, but has yet to begin work.
And in January, housing developer SGR Faringdon Ltd put in a planning application to build 200 homes on the other side of the town, in the Great Coxwell area.
Comments(4)
Myron Blatz
says...
6:52am Tue 12 Mar 13
Andrew:Oxford
says...
1:05pm Tue 12 Mar 13
Clearly the customer pays at the bottom line as the contribution is factored into sales price.
That's around £8,500 per home straight to the local authority and off the "value" of the house. So of the 10% "deposit required" for a home loan on a new property of say £250K, around a third is to cover a hidden local tax.
Take fees and charges where appropriate and legislated, but give people real clarity on what they are paying for.
The truly shocking thing is that this £8500 could well take the cost of property between stamp duty bands which could add £5000 to the cost of a new family home between £249,000 and £257,500
Mark L.
says...
10:36am Wed 13 Mar 13
Dreaming Spires says...
9:38pm Mon 11 Mar 13