Service charges for shared-ownership houses have rocketed, leaving many unable to pay. We hear their storiesWhen the construction company Lendlease first promoted the regeneration of Elephant and Castle in south London, it promised a host of benefits for the local community.It said the area would gain more than 3,000 homes, including hundreds of affordable flats, a new public park with a community “tree house”, and thousands of jobs. The area was previously best known for the sprawling Heygate council estate, two precarious traffic roundabouts and a fading shopping centre. Continue reading…
Source : theguardian.com
Read more…‘We’re being ripped off’: England’s ‘affordable-housing’ residents who are being priced out of their own homes
