Nowhere near touching distance of the 250,000 homes a year we desperately need says Shelter

Shelter’s response to DCLG housebuilding figures, which show:

 

  • In the last 12 months 153,330 houses were built – an increase of 11% on the previous year
  • 41,180 houses (seasonally adjusted) were started in England in the second quarter of 2017, a decrease of 3% previous quarter.
  • 40,310 houses (seasonally adjusted) were built in England in the second quarter of 2017, an increase of 2% on the previous quarter.
  • 10% fewer homes were built in the last twelve months than a decade ago in the year between July 2006 and June 2007.

Polly Neate, Shelter chief executive, said: “While there has been a small increase in homes being built, sadly we’re nowhere near touching distance of the 250,000 homes a year we desperately need.

“It’s also extremely worrying to see housebuilders shifting down a gear and starting to build even fewer homes, when millions of families are struggling and in urgent need of an affordable home.

“The main reason for this persistent failure is the mammoth cost of land which encourages developers to build at a snail’s pace and keep prices high and ensure they still make big profits.

“The government needs to introduce a new housebuilding system which lowers the cost of land and works with communities, rather than against them, to build the affordable homes families are crying out for.”

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

Surge in country and seaside property values
Estate Agent Talk

5 Tips for Increasing the Value of Your Home

Owning your own home is one of the best financial investments that you can make in your life. Whether you’re planning to sell in the near future, or keeping an open mind about moving later down the line, making alterations to your property can significantly increase its value. So, whenever it is you’re looking to…
Read More
Breaking News

Housing Insight Report – Covering January 2025

As widely expected, January 2025 saw an uplift in activity in the sales market due mainly to the Stamp Duty thresholds changing, requiring many homeowners completing from April onwards to pay more tax in England and Northern Ireland. Residential sales UK average house price dipped The average UK house price stood at £268,000 in December…
Read More
Breaking News

Mortgage Expert predicts interest rates will still remain higher than pre-pandemic levels

Hodge Bank’s 2025 Predictions: Interest Rates and House Prices Outlook James Enos, Hodge Bank, suggests consumers remain mindful that interest rates will likely still remain higher than pre-pandemic levels. The fate of house prices for 2025 are in the hands of consumer confidence and appetite to purchase. Hodge Bank anticipates that the year will see…
Read More
Breaking News

Breaking Property News 13/03/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fintech mortgage broker Habito launches its own accelerator program Accelerator opportunity for three founders in Habito’s first cohort Digital mortgage broker Habito is excited to announce the launch of the Habito Accelerator, an industry first initiative designed specifically for ambitious entrepreneurial mortgage broker firms that are…
Read More
Breaking News

Landlords optimistic about 2025, but concerns over regulation and economy remain

UK landlords remain confident in the buy-to-let (BTL) market, with many planning to expand their portfolios in 2025, but economic and regulatory uncertainties continue to dampen their outlook, new research from Market Financial Solutions has found. The London-based lender commissioned an independent survey of 300 UK landlords to gauge their sentiment towards the BTL market…
Read More
Property for sale
Estate Agent Talk

3 Real Estate Tips for Beginners to Use

Real estate can always be a great way to set yourself up for retirement. As long as you go about it the right way, you could make quite a bit of money through it. The trick to this is to actually know what you’re doing. This can be a little overwhelming for beginners. Don’t think…
Read More