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Scotland sees increase in affordable housing approvals

Words: Laura Edgar
Statistics / iStock-507213599

New statistics suggest that 11,677 affordable homes were approved in Scotland in 2017/18 – a 14 per cent increase on the previous year.

That figure includes increases in affordable rent approvals, which have more than doubled to an increase of 1,433 homes, according to data published by the Scottish Government’s chief statistician.

The 14 per cent growth also includes affordable home ownership approvals – up 5 per cent (92 homes) – and a decrease in social rent approvals, down 2 per cent (124 homes).

In 2017/18, there were 10,569 affordable home starts, a rise of 1,261 homes compared with 2016/17. This includes social rent starts increasing by 9 per cent; affordable rent starts up by 42 per cent, and affordable home ownership starts up by 8 per cent.

In total, there 8,534 affordable housing supply completions in 2017/18, an increase of 1,198 compared with the year before. Completions for social rent rose by 15 per cent, by 27 per cent for affordable rent and by 14 per cent for home ownership.

The report also contained a number of other statistics, including:

  • 4,344 new-build homes were completed between October and December 2017; 7 per cent down on the same quarter in 2016.
  • In 2017 17,739 new-build homes were completed, a 5 per cent rise on 2016.
  • 4,483 new-build homes were started between October and December 2017, 3 per cent more than the same quarter in 2016.
  • In total for 2017, 19,702 new homes were started, an 8 per cent increase compared to the 18,314 homes started in the previous year.
  • 13,750 private sector led homes were completed in 2017, up 5 per cent on 2016 (13,036).
  • There were 3,989 social housing completions in 2017, a 2 per cent increase on the 3,897 social sector completions in 2016.

The statistics in full can be found on the Scottish Government website.

Image credit | iStock