Affordable home completions up by one-fifth

Published on

Latest figures from the Ministry of Housing, Communities & Local Government have revealed that there were 57,485 affordable homes delivered (completions) in England in 2018-19, an increase of 22% compared to the previous year.

66% of new affordable homes in 2018-19 were for rent (including social, affordable and intermediate rent), which has been decreasing since 2014-15, when it was 78%.

49% of all affordable homes delivered in 2018-19 were funded through section 106 (nil grant) agreements, similar to the previous year (when it was 48%).

92% of affordable homes delivered in England were new build, similar to the previous two years.

There were 61,056 starts on site in England in 2018-19, a 10% increase on the previous year.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Brilliant racks up a memorable afternoon for charity

Brilliant Solutions was on cue at Rileys as 70 players and several late arrivals...

Rayner rules out rent controls

Housing Secretary Angela Rayner has ruled out rent controls in England, providing greater certainty...

Mortgage Brain adds Uinsure home insurance quotes to CRM platform

Mortgage Brain has integrated Uinsure with CRM Brain, allowing brokers to arrange buildings and...

Nationwide and Accord the latest to increase rates

Mortgage borrowers have been urged to review their options after Nationwide and Accord increased...

Four in five first-time buyers say schools failed to teach mortgage basics

Almost four in five UK first-time buyers believe their education failed to prepare them...

Latest publication

Other news

Brilliant racks up a memorable afternoon for charity

Brilliant Solutions was on cue at Rileys as 70 players and several late arrivals...

Rayner rules out rent controls

Housing Secretary Angela Rayner has ruled out rent controls in England, providing greater certainty...

Mortgage Brain adds Uinsure home insurance quotes to CRM platform

Mortgage Brain has integrated Uinsure with CRM Brain, allowing brokers to arrange buildings and...