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Limavady District Housing Plan 2011/12 - Northern Ireland Housing ...

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Appendix 1:<br />

<strong>Limavady</strong> town profile<br />

<strong>Limavady</strong> town comprises five common landlord areas of Edenmore, Hospital Lane,<br />

Roemill Road, The Glens and Alexander Road. Currently, the majority of social<br />

housing demand in the town is being met by re-lets, and as a result the projected<br />

social housing demand has been retained at 20 for the next five years.<br />

During the past two years the annual number of allocations has surpassed the<br />

number of applicants registered in housing stress. This trend requires careful<br />

monitoring as it has implications not just for the management of our existing stock,<br />

but for our annual new-build projections for the town.<br />

Local estate agents report that new private building activity has virtually stalled due<br />

to current financial conditions. The town also has an active private rented sector<br />

which is offsetting some of the demand for social housing. The number of rented<br />

properties in the Causeway Coast area is currently higher than the <strong>Northern</strong> <strong>Ireland</strong><br />

average.<br />

A large portion of <strong>Housing</strong> Executive stock has been sold off in the town over the last<br />

two decades under the House Sales Scheme, leaving 1,467 dwellings at March <strong>2011</strong><br />

from an original stock of 3,918.<br />

46

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