Facts and fig­ures . . . facts and fig­ures

The Arran Banner - - News -

Ac­cord­ing to a study com­mis­sioned by Ar­ran Eco­nomic Group, Ar­ran needs a min­i­mum of 200 af­ford­able homes.

The hous­ing af­ford­abil­ity ra­tio – based on an av­er­age salary of £24,000 – is 8.2 on Ar­ran, sec­ond only to Lon­don at 10.4. The av­er­age UK fig­ure is 5.3. Scot­land is 3.3.

The av­er­age house price on the is­land is £285,000.

To get onto the hous­ing lad­der, earn­ings of £42,285 are re­quired.

Ar­ran has 22 per cent sec­ond-home own­er­ship (sec­ond only to St Ives in Corn­wall at 25 per cent). Ar­ran’s sec­ond-home ra­tio is mas­sively greater than the Scot­tish av­er­age of 1.1 per cent and sig­nif­i­cantly higher than other is­land set­tings such as Is­lay, Jura, Colon­say (14.8 per cent), Mull and Iona (12.6 per cent) and Bute (11.7 per cent). Ar­ran has four vil­lages now known as ‘dark vil­lages’ due to the high concentration of sec­ond-home own­er­ship (over 80 per cent). Ar­ran has high lev­els of owner oc­cu­pa­tion at 73.9 per cent (11.8 per cent higher than Scot­land).

Ar­ran has 342 so­cial hous­ing units with a very low turnover of prop­er­ties (less than 10 per an­num).

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