Housing association home starts up 7%
The amount of housing association home starts rose by 7% in the second quarter of 2017/18, new data shows.
According to the National Housing Federation’s (NHF) supply survey, 10,511 new homes were started between July to September 2018, up from 9,793 in the previous quarter.
Meanwhile, in the world of market sale homes things aren’t looking so good, with 1,321 started in the quarter – down more than 37% on 2016/17’s Q2 figure of 2,111.
And here are some more figures:
840 social rent starts (up 6% compared with 2016/17 Q2)
4,476 of the quarter’s HA homes delivered via section 106 agreements
1,069 homes completed for market sale
The NHF’s head of member relations, Katie Teasdale, said: ‘These results are very encouraging, but housing associations are keen to do much more. In order to do this, they need access to two things: funding and affordable land.
‘While ministers have made welcome promises of more money for social housing, we need even greater investment, particularly in the next spending review period, to build the 90,000 homes for social rent we need every year. The government should also fundamentally reform the way that land is bought and sold, allowing housing associations to buy land for affordable housing at cheaper levels.’