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Fosseway lets 98% of Cotswold homes to local people

The vast majority of homes let by the biggest housing association in the Cotswold District in the past 16 months have gone to local people, a report has revealed.

Monitoring carried out by Fosseway Housing Association (FHA) at the request of Cotswold District Council showed that 71% of properties were let to applicants with a connection to the parish in which they were housed.

A further 27% went to those with a connection to the wider Cotswold District, meaning that a total of 98% of the 316 homes let by Fosseway between December 2006 and April 2008 were let to local people.

Council Leader Cllr Lynden Stowe said: “This is excellent news for Cotswold residents who can be reassured that local homes are being allocated to local people.”

Portfolio holder for Community Services Cllr Sir Edward Horsfall added: “Affordable housing is a priority for us and it’s particularly important in a District where the average home costs almost 14 times the average wage.

“We’d like to thank Fosseway for carrying out this important piece of monitoring at our request, particularly as it has meant extra work for their staff.”

Stephen Cook, Managing Director at Fosseway Living, said: “Fosseway was pleased to undertake this research, and it is reassuring to know that by letting our homes to local people we are able to make a real contribution to establishing more sustainable communities.”

Source: Cotswold District Council

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