Shelter’s response to the government’s annual social housing sales figures

Shelter’s response to the government’s annual social housing sales figures below:

  • In 2017-18, a total of 6,463 social homes were delivered – 84% fewer than in 2010-11. This is despite a slight increase in the overall number of homes supplied (an extra 562) compared with the previous year.
  • In 2017-18, a total of 20,891 social homes were sold by local authorities and housing associations. This means for every 3 homes sold, only 1 gets built.
  • Since 2012-13 when the Right-to-Buy replacement scheme was first introduced by the government a total of 91,003 social homes have been sold off under Right-to-Buy.
  • However, only 16,222 replacement social homes have been started or bought. This means that for every 6 homes sold through Right-to-Buy, only 1 new home is delivered.

Greg Beales, campaign director at Shelter, said: “These figures make it painfully clear – we’re still delivering far fewer social homes than we’re selling off.

“There is no easy way to gloss over the fact that for every three homes sold, only one gets built. This is nothing short of a disaster when hundreds of thousands of people are currently homeless, and millions more are struggling in deeply insecure and expensive private renting.

“There’s an obvious solution – build more social homes and ensure those sold are always replaced. That’s why Shelter has launched a commission that will soon set out for a vision for the pivotal role social housing must play in ending the housing crisis.”

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

Breaking News

Weekly News Roundup – 03/05/24

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Is Zoopla holding back the housing market? Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? Nimbus report gives oversight on retail market post Covid   Is Zoopla holding back the housing market?…
Read More
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 02/05/24

Matt Smith, Rightmove’s mortgage expert said: “Next week’s Bank of England meeting will be quite key for setting the tone for mortgage rates leading into summer. An uneasy few weeks for the world economy has meant that there is still a lot of uncertainty around when we might see the first interest rate cut – and…
Read More
Estate Agent Talk

Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry

The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
Read More
Breaking News

Breaking Property News – 02/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Is Zoopla holding back the housing market? Maybe it is me! and definitely me and my dog Zara do not think like most people, but – each month in the UK just 100,000 properties complete (exchange) and in the past decade this has been the…
Read More
Breaking News

Breaking Property News – 01/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country relaunches Masterclass Series for 2024 to support network in winning more business Set to take place in both London and Huddersfield, Fine & Country will be hosting informative and engaging Masterclass sessions again this year, sharing insight from property experts on…
Read More
Estate Agent Talk

A Guide To Moving To The UK

Are you considering moving to the UK, perhaps you are relocating for work or returning after some time as an expat elsewhere. Whatever the reason, to help you begin your journey smoothly, we have compiled all the relevant information on how to relocate to the UK. This guide to moving to the UK will cover…
Read More