Glastonbury Goers Complain of Lack of Housing in South West

Over 25% of people from the South West that were surveyed at the Glastonbury Festival last month, have stated that there isn’t enough housing in the South West and that 28% of them were still living at home and unable to move out.1,100 festival goers were questioned on their hopes for home ownership and their opinions and thoughts will form the basis for a debate organised by Michael Eavis. The debate will focus on the obstacles facing building more affordable housing in the South West.Of the people who were interviewed two thirds were under 35 and only just over a fifth had raised a mortgage. The rest were either renting or living with parents.The survey outlined the worries, fears and obstacles that young people are facing when trying to get onto the property ladder.Many have said that the reasons that a move into home ownership would not be likely for them was sighted as a lack of availability of the housing that they needed, that their income was not permanent or regular enough or that raising a deposit or a mortgage would not be possible.The survey also revealed that there was little take up in shared ownership schemes or shared equity mortgages; schemes which will enable first time buyers to get onto the property ladder.The debate will seek to highlight the need for affordable housing in rural areas and the need to publicise shared ownership schemes, which have been brought in by the Government as an affordable, and some would say, sensible alternative to standard 100% mortgages.