Comment from shelter on annual house building figures

Shelter comment on annual housing supply figures (2016/17) released yesterday 16th November 2017

  • There were 217,350 additional dwellings between 2016/2017, and increase of 15% on last year. (DCLG)
  • However, according to government statistics out last week, the total number of affordable homes built in England last year was 41,530, well below the average over the past ten years. This means that only 19% of new properties announced today are classed as affordable. (DCLG)
  • The biggest changes in supply were seen via conversions (splitting homes to make more units) and change of use (conversions from offices to flats for example), at 19% and 22% respectively. Worryingly, these dwellings have no quality assurance or affordable housing obligation.
  • Shelter say we need to build at least 250,000 new homes a year, 125,000 of which should be genuinely affordable. Affordable homes should take up no more than 1/3 of local people’s income.

Polly Neate, chief executive at Shelter, said: “It’s good to see the Prime Minister shedding light on housebuilding and new statistics showing some increase in new homes, however the numbers are still well short of the government’s own targets and we should be crystal clear that not even a fifth of these are affordable.

“With hundreds of thousands of people homeless this Christmas and those in need of affordable homes going up all the time, owing to a crippling combination of soaring rents and welfare cuts, these numbers fall woefully short.

“If the government is serious about tackling our housing crisis and helping the millions of families on lower incomes in the upcoming budget then sticking plasters will not be enough – it must urgently prioritise building homes which are genuinely affordable for ordinary people to rent or buy.”

Source of information Shelter.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Bank Rate cuts boost optimism for 2025 despite Budget pause

Average new seller asking prices drop by 1.4% (-£5,366) this month to £366,592, a bigger fall than the usual, seasonal 0.8% drop seen at this time of year, likely due to pre- and post-Budget jitters However, despite the dampening effect of the Budget, market activity remains stronger than last year as Bank Rate falls: The…
Read More
Breaking News

How to market to Estate Agents UK

The UK’s property sales and letting industry is quite sizable in both volume of work and those employed within. Some 25 million dwellings in England alone exist and there were estimated to be approximately 55,500 estate agents working in the United Kingdom as of the second quarter of 2024. Up and down the country, in…
Read More
Letting Agent Talk

Preventative Measures to Reduce the Risk of Emergencies in a Rental Home

Ensuring that a rental home is safe and well-maintained is essential for both landlords and tenants. Emergencies in a rental property can lead to significant stress, financial loss, and potential damage. However, by implementing preventative measures, landlords and tenants alike can reduce the risk of emergencies and create a safer living environment. This guide provides…
Read More
Estate Agent Talk

Understanding the Metrics Used by Estate Agents to Determine Your Home’s Worth

Determining the value of a property can sometimes feel like a complex process shrouded in mystery. However, understanding the various metrics and considerations that estate agents use to assess your home’s worth can demystify the process and empower you as a homeowner. This blog will provide a comprehensive guide to the key factors estate agents…
Read More
Breaking News

Breaking Property News 15/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Digital transformation of real estate drives profitability Press Release – London 14th November 2024 – Following the October budget, estate agents across the UK are seeking new ways to adapt to an evolving property market. Rising costs and shifting buyer expectations have driven a need…
Read More
Estate Agent Talk

Labour’s Vision for Homeowners and Renters: Key Changes to Expect

The UK housing market continues to be a complex and often challenging landscape for both homeowners and renters. Labour’s vision for housing reform aims to address longstanding issues in affordability, security, and sustainability, setting out a series of policy proposals that could reshape the property market. Whether you are a homeowner, a renter, or an…
Read More