A country doctor in Oxfordshire has offered an interest-free loan to help young couples in the area to form a housing society.
Dr. Gordon Scott cott, aged 66 living in a Cotwolds village has put up the money because young people are unable to afford the high price of local property.
‘Many of the small cottage around the village have been bough as weekend retreats by the wealthy and I think it is pathetic that the young should have to leave where they were born. New houses are far beyond the pockets of young couples.
Originally, Dr. Scott wanted to form a housing society which would buy cottage. But as a result of a meeting which he called he said it is now seemed best to form a society to buy land and build houses. Members would build their own homes.
Dr. Scott has lived in the village for nine years. He has been a family doctors in the Cotswolds for 36 years. He paid 5,500 pounds for his own house and more recently made ‘a nice profit from selling off part of the land.
‘I don’t see why I should not share it around a bit. I cannot take it with me when I go’ His contribution will go towards initial costs of legal fees, fighting foe planning permission and, hopefully, laying out a road system.
Reaction from young people had been very good, said Dr. Scott, but he understood there was disapproval in some quarters about more building in the village. ‘Ironically, it seems to be coming from the people who have moved into the village comparatively recently.’
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