South Brent CLT are currently in the planning stages of a self build project, which will enable local residents to collaborate to help build their own affordable, sustainable and future proofed home in South Brent. Many local residents are unable remain in the village due to South Brent’s higher than UK average rental and freehold house prices. The CLT will fund the self build, allowing the self builders to build their houses, when the houses are resold they will be subject to a section 106 agreement (which means only those with a local connection can purchase or rent), and a resale price covenant which maintains the purchase price at a truly affordable level. The scheme is supported by a Homes England grant for Shared Ownership and each household will buy a share. This will provide a permanent, affordable and good quality stock of housing for generations of Brentonians to come. We believe a vibrant rural community is essential, for the quality of life of those living in the countryside and for the long term economic benefit. Rural villages in Devon, Cornwall and elsewhere are losing their shops, schools, pubs and other businesses as it becomes harder for local people to afford to live in their village and secure an affordable good quality permanent home. By ensuring local residents can remain local, their incomes will also stay local. This will help our local shops, pubs and businesses to thrive. The self build phase is just the tip of the iceberg for South Brent CLT. With the support of the local community we aim to be a driving force behind future community projects within South Brent. If you would like more information or have any ideas or suggestions, please contact us. South Brent CLT is a registered Community Interest Company 9100477.
