0

Housing programmes delivered by Homes England resulted in 37,330 new houses starting on-site and 34,995 houses completed between 1 April 2020 and 31 March 2021, despite the pressure placed on the housing industry by the Covid pandemic.

  • Proportion of affordable homes started and completed was down on the previous year
  • Reduction in both starts and completions a result of a slow-down in housebuilding activity caused by the Covid-19 pandemic.

Housing programmes delivered by Homes England saw an overall decrease in starts and completions in 2020-21 compared to the previous year, according to official statistics released today (22 June). This is as a result of the coronavirus pandemic.

Last year there were 37,330 new houses started on-site and 34,995 houses completed between 1 April 2020 and 31 March 2021.

LIS Show – MPU

Three-quarters (76 percent) of starts were for affordable homes, representing 28,191 starts.

Of the housing completions, 24,023 (69%) were for affordable homes.

A total of 10,713 affordable homes started in 2020-21 were for Affordable Rent. There were 7,249 starts under schemes including Shared Ownership and Rent to Buy.

There were 7,564 starts defined as ‘Affordable Tenure TBC’ homes, where the ultimate tenure category is not known until completion.

The remaining 2,665 were for Social Rent, an 11 percent increase on the previous 12 months, continuing an upward trend seen over the last two years and is a reflection of the funding being focussed on intermediate tenures in the early years of the 2016-21 programme with the grant funding opening up to Affordable Rent and Social Rent in subsequent years.

Of the affordable homes completed, 13,306 were for Affordable Rent and 8,811 under Intermediate Affordable Housing schemes. There were 1,906 Social Rent completions, up 29 percent on the previous year.

Peter Freeman, Chair of Homes England, said:

“The statistics released today show that we’ve kept making homes happen despite the huge impact of Covid-19 on the housing industry.”

“Alongside this, throughout the pandemic we’ve also adapted as an agency, learnt more about our partners and found ways to support them; learning that will help us as we enter our next phase.”

“We know there are still hurdles to overcome but we’re encouraged by recent data to suggest the sector is recovering well.”

“With increased Government support through the new £12bn Affordable Homes Programme, we’re sure the foundations are in place for the housing sector to come back stronger to deliver the new homes the country needs.”

SUBSCRIBE
Subscribe to our weekly newsletter
Stay informed with our leading property sector news, delivered free to your inbox. 
Subscribe
Your information will be used to subscribe you to our newsletter and send you relevant email communications. View our Privacy Policy
Property Notify
Property Notify is a leading property sector publisher reporting on breaking news and political changes affecting the UK property industry, in addition to finance, tax and investment coverage we provide a hub to explore, contribute, invest in and celebrate the property industry. - Read more.

    New Home Demand Hits Record High

    Previous article

    Government Continues Drive to End Rough Sleeping, Building on Success of Everyone In

    Next article

    You may also like

    Comments

    Leave a reply

    Your email address will not be published. Required fields are marked *

    More in News