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09/11/2017

Affordable housing delivery on the up – statistics

Words: Laura Edgar
Affordable housing / Shutterstock_509223637

In 2016/17, 41,530 affordable homes were delivered in England, 27 per cent higher than the previous year, according to the latest Department for Communities and Local Government (DCLG) statistics.

The affordable homes delivered comprised 5,380 for social rent, 24,350 for affordable rent and 11,810 intermediate* affordable housing.

The intermediate affordable housing consisted of 2,060 affordable home ownership, 8,810 shared ownership and 940 intermediate rent units.

The Shared Ownership and Affordable Homes Programme runs until 2021, with the number of shared ownership properties complete doubling to 8,810, compared with 4,080 in 2015/16.

New-build homes, according to the statistics, accounted for 92 per cent of all affordable homes provided in 2016/17, with 7 per cent delivered by providers acquiring existing private stock.

During the 2016/17 period, 49,420 affordable homes were started on site.

Polly Neate, chief executive at Shelter, said it is positive to see an increase in affordable housing delivery but she noted that the starting point was “extremely low”.

“With rents sky high and more than 250,000 people homeless in England, it’s clear to see just how bad our affordable housing shortage has become. This is largely due to handing near total control of our housebuilding to big developers who have little appetite for building affordable homes.

“The government has a real opportunity to set things right in the upcoming Budget. It can start by reducing the mammoth cost of land and closing loopholes which are draining the country of the affordable homes families are crying out for.

“It’s unacceptable that we’re building the lowest number of social homes since the Second World War, just as homelessness reaches 250,000 in England.”

Affordable Housing Supply: April 2016 to March 2017 England can be found on the DCLG website (pdf).

* Intermediate housing means homes for sale and rent provided at a cost above social rent, but below market levels subject to the criteria explained on the DCLG website. These can include shared equity. More information here.

Image credit | Shutterstock

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