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The nine homes have been built in Worth Matravers on the Isle of Purbeck. Sixty per cent of the 180 houses there belong to second homeowners and lay empty most of the time. The average price of property in the area is about £400,000. But the new homes have been sold at 75 per cent their market value and offered to people who live or work in the village or surrounding area. When the homes are eventually sold on in the future there is a covenant stating they must go to local people with the 25 per cent price reduction in place. The new-build properties have been built by Dorset-based housing association East Boro.
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When the homes are eventually sold on in the future there is a covenant stating they must go to local people with the 25 per cent price reduction in place.
The new-build properties have been built by Dorset-based housing association East Boro.
Two end-of-terrace homes that have a kitchen/breakfast room, lounge and two bedrooms were listed for sale for £223,000 each.
That is £252,000 less than the £475,000 asking price for a two bed bungalow for sale in a neighbouring village.
A sign advertises the houses as for rent or sale to locals at a discounted rate In 2009 second homes were attacked by angry locals who could not afford to live in their own village