Facts and figures . . . facts and figures
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).