The average house price in both Tandridge and Reigate and Banstead have consistently exceeded the national average. This trend has become particularly pronounced in the last few years.
The average house price in both Tandridge and Reigate and Banstead is around 12 times the average local income. With mortgage lender allowing buyers to borrow, on average, four and half times their income, this makes to dream of owning your own home difficult to achieve.
To help young families and first time buyers get a foot onto the property ladder, the new community will deliver approximately 2,000 affordable homes, discounted market homes, homes to buy and rental properties.
We understand that alongside the privilege of housing the East Surrey Hospital, we also have a responsibility to its 90,000 yearly visitors and staff. Therefore, as well as expanding hospital facilities, we propose to include new homes specifically tailored to key workers, such as hospital staff and employees at the new on-site GP surgery and primary health centre located in the new District Centre.
This will ensure that the East Surrey Hospital will be able to continue to house its staff nearby, helping them to continue to deliver care to the local community, and will also help new staff for the new GP hub.