250 Local Authority owned properties require safeguarding over the period of potential suspension. Fig 9: Prospective Right to Buy applications and sales from 1/4/14 30/3/19 – Year Actual No. of Actual No. of Prospective Prospective Applications No. of No. of (1/4/14-15/10/14) (1/4/14-15/10/14) Applications 2014/15 23 50 46 100 2015/16 - - 46 100 2016/17 - - 46 100 2017/18 - - 46 100 2018/19 - - 46 100 Total 23 50 230 500 The to Acquire sales for the three main Housing Associations operating in Swansea are of little consequence to the overall picture. They have sold a combined total of 6 in the last five years so any suspension of the Right to Buy/ Acquire is likely to have minimal or no impact on how these organisations provide their services. Similarly any suspension of the Right to Buy will have a neutral effect on the Housing Service’s Business Plan and the achievement of the WHQS. Fig 10: Right to Acquire sales 1/4/09 Housing 09/10 10/11 11/12 12/13 13/14 Association Gwalia 0 0 0 0 1 Coastal 0 0 0 1 1 Family 2 0 1 0 0 6. Pressure in the Private Sector Fig 11: prices to earnings ratios Date Av. Av. Semi Av. Av. Av. Ratio of av. House price to Detached Detached Terraced Combined Household av. Household (£) (£) (£) (£) Income (£) income April 2009 172,070 100,460 80,045 109,970 23,487 4.7:1
250 Local Authority owned properties require safeguarding over the period of potential suspension. Fig 9: Prospective Right to Buy applications and sales from 1/4/14 – 30/3/19 Year Actual No. of Applications (1/4/14-15/10/14) Actual No. of (1/4/14-15/10/14) Prospective No. of Applications Prospective No. of 2014/15 23 50 46 100 2015/16 - - 46 100 2016/17 - - 46 100 2017/18 - - 46 100 2018/19 - - 46 100 Total 23 50 230 500 The to Acquire sales for the three main Housing Associations operating in Swansea are of little consequence to the overall picture. They have sold a combined total of 6 in the last five years so any suspension of the Right to Buy/ Acquire is likely to have minimal or no impact on how these organisations provide their services. Similarly any suspension of the Right to Buy will have a neutral effect on the Housing Service’s Business Plan and the achievement of the WHQS. Fig 10: Right to Acquire sales 1/4/09 Housing Association 09/10 10/11 11/12 12/13 13/14 Gwalia 0 0 0 0 1 Coastal 0 0 0 1 1 Family 2 0 1 0 0 6. Pressure in the Private Sector Fig 11: prices to earnings ratios Date Av. Detached (£) Av. Semi Detached (£) Av. Terraced (£) Av. Combined (£) Av. Household Income (£) Ratio of av. House price to av. Household income April 2009 172,070 100,460 80,045 109,970 23,487 4.7:1