Increase in number of housing starts

November 30, 2016

Housing starts on site and housing completions delivered by the Homes and Communities Agency in England, part of Housing Statistics published yesterday.

In the period 1 April to 30 September 2016 (the first half of 2016-17):

A total of 14,007 homes started on site, representing an increase of 2,657 or 23 per cent compared to the 11,350 reported for the same period in the previous year (the first half of 2015-16).

9,400 homes started were for affordable housing, representing an increase of 2,029 or 28 per cent compared to the 7,371 reported for the first half of 2015-16.

The majority (7,250 or 77per cent) of starts on site for affordable housing were for Affordable Rent, reflecting allocations made under the AHP 2015-18 where Affordable Rent is the main product funded. This is an increase of 1,392 or 24 per cent compared to 5,858 delivered in the first half of 2015-16. Intermediate Affordable Housing accounted for a further 1,823 (19per cent) of affordable homes started onsite. This is an increase of 509 or 39 per cent compared to 1,314 delivered in the first half of 2015-16. Social Rent accounted for the remaining 327 affordable homes started (3 per cent). This is an increase of 128 or 64 per cent compared to 199 started in the first half of 2015-16.

Read the publication in full on Gov.UK website click here

 

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Estate Agent Talk

Why September is the Most Expensive Month for Your Boiler

As households prepare to switch their boilers back on after summer, heating engineers are warning that September is often the most expensive month of the year for boiler breakdowns, repairs, and inefficiency. Rob Jones, heating engineer at UK Radiators, explains: “After months of being idle, boilers are suddenly put under pressure when temperatures drop in…
Read More →
Estate Agent Talk

What AI Can and Can’t Fix in Block Management

By Robert Poole, Director – Block Management, Glide Property Management, part of LRG In an industry increasingly shaped by regulation, rising expectations and squeezed margins, the promise of AI and automation in block management is understandably appealing. The idea of freeing property managers from repetitive tasks, improving compliance, and streamlining communication offers significant operational value.…
Read More →
Crowded beaches - Clacton-on-Sea in Essex
Overseas Property

The top holiday property hotspots for UK buyers

Greece’s property market sees highest level of property transactions since 2009 The latest analysis from international property consultancy, Astons, reveals that Greece’s property market is in the middle of an extraordinary growth period with the past decade seeing transaction numbers increase year after year, with 2025’s total sales set to hit the highest point since…
Read More →
Estate Agent Talk

Regulation overload?

Reapit report shows concerns over Renters’ Rights Bill as government plans improvements to bailiffs and tribunals There is widespread concern across the property sector over incoming regulatory changes – including the Renters’ Rights Bill – according to research by leading PropTech provider, Reapit. Their Property Outlook Report 2025 reveals letting agents, landlords, and sales professionals…
Read More →
Estate Agent Talk

Later life living – turning a corner for investors?

By Daniel Austin, CEO and co-founder at ASK Partners By 2072, almost 30% of Britons will be aged 65 or over. This stark demographic shift is already taking shape, with profound implications for the housing market. Despite an estimated shortfall of at least 4.3 million in the UK today, less than 1 million are specifically…
Read More →
Breaking News

Bristol crowned best area for downsizers

The latest research from over-50s property specialists, Regency Living, has revealed where in England downsizers have the greatest choice of suitable homes to move to and where they face the toughest search based on the availability of suitable stock in the current market. Regency Living analysed current property market listings, looking at the proportion of…
Read More →