And, as North Lincolnshire attracts new residents due to its affordable housing, the local infrastructure struggles to keep pace. The recent surge in housing developments has not been matched with adequate community planning, leading to potential issues in schooling and healthcare services.
“When they are giving planning permission for the thousands of houses needed they also need to consider where these people are going to school and hospital,” Peniston said, highlighting the need for a balanced approach to development.
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North Lincolnshire’s housing market exemplifies how areas with lower house prices can offer a cushion against broader economic pressures, making them attractive to both new and existing residents. However, unique local challenges, such as the issues with prefab homes in Scunthorpe and pressures on infrastructure, remind stakeholders of the need for careful planning and community engagement. As the area continues to evolve, maintaining this balance will be crucial for sustaining its growth and resilience.
Peniston said that while he may not make as much as a broker in London for the same amount of work, the local market remains buoyant. “Last year I was 20% up on what I did the year before.”
