Housing delivery up with a 24% increase in affordable homes
December 6, 2019
The latest data from Homes England shows that between April and September of this year there were: –
- 16,955 housing starts and 14,792 completions delivered by schemes managed by Homes England (Excluding London).
- Starts are at their highest for 10 years, however completions have dropped year on year although they remain at their second highest levels since 2011.
- 73% of starts were for affordable homes, up 24% year on year.
- 10,295 completions were delivered as affordable homes, 70% of the total. Although this is a reduction of 7% year on year.
Please find comment below from new home specialists, Stone Real Estate.
Founder and CEO of Stone Real Estate, Michael Stone, commented:
“Good news on the face of it with a commendable number of homes being delivered, with the majority of these being affordable.
While the devil in the detail is a slight drop in completions, the level of homes being delivered is still some of the highest in the last 10 years.
Wider market trends suggest that with such a positive uplift in the number of homes started, the knock-on effect will be yet a further increase in the level of homes being delivered early next year, despite who takes the keys to number 10.”
You May Also Enjoy
Mould and damp – what you need to know ahead of winter
With the winter months just round the corner, problems with damp and mould can become far more prominent. Autumntime is when many people turn on central heating systems and choose to close windows, preventing fresh air ventilation needed to allow damp air to leave a property. Unfortunately, the combination of warm and damp air can…
Read More 
Rental price and average salary tracker – September 2025
London and South East see biggest dips in required rental salary year-on-year London and the South East saw the sharpest dips year-on-year in the average salary needed in order to rent the average home in that area. London saw a 4.2% drop, whilst the South East saw a decline of 2.9%. Yorkshire and Humberside saw…
Read More 
The cities where buying beats renting – with just a 5% deposit
British first-time buyer mortgage payments are typically 17% cheaper than renting, even with a low 5% deposit The average 5% deposit is £11,412 based on a typical first-time buyer property price of £228,233 Among major cities outside London, the biggest gap between owning and renting is in Glasgow, where buyers could save more than £4,750…
Read More 
Rightmove’s Weekly Mortgage Rates Tracker
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.51% +0.00% -0.37% 5-year fixed 4.55% +0.01% +0.01% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.77% +0.05% -0.07% 5-year fixed 3.97% +0.10% +0.29% Average…
Read More
Data and commentary from Rightmove on stamp duty reforms
Colleen Babcock, Rightmove’s property expert said: “We’ve been calling for stamp duty reform for some time now, as it’s a significant barrier for many people moving home. Abolishing it completely would remove one of the biggest barriers to moving, unlocking more moves at all stages of the property ladder. “Our data shows that only 5%…
Read More 
Second-time buyers dominate demand for longer term fixed mortgage deals
Second-time buyers are dominating demand for longer term fixed mortgage deals, fresh data from Moneyfacts Analyser can reveal. Of those looking for fixed term deals on moneyfactscompare.co.uk: Almost two-thirds (58%) of second-time buyers who compared mortgage deals using the moneyfactscompare.co.uk website were considering terms of three years or longer in the 30 days to 1…
Read More