Latest statistics from the government have revealed that of the 25 major cities in England and Wales, there were a grand total of 2,880 social housing repossessions
Sell House Fast has analysed the latest statistics from the government to reveal many social housing repossessions have occurred across England and Wales during the first half of this year (January – June 2019).
Social housing provides low rent living solutions to those who cannot afford housing on the private market. Social landlords tend to be councils or housing associations.
Sell House Fast found that London had the highest number of housing repossessions during the first half of the year at 1,291 (the equivalent of four repossessions a day).
The second highest after London was Birmingham which experienced 295 social housing repossessions in the first half of 2019.
In third position was Sheffield which had 144 cases of housing repossessions in six months.
Notably, Liverpool and Manchester are the other two cities which have had more than 100 social housing repossessions between January – June 2019. The latter with 115 and the former with 135.
In Wales, Cardiff had more social housing repossessions with 58 than Swansea which had 55.
On the other end, Cambridge had only 8 housing repossessions. Just above, Blackpool had slightly more repossessions at 10.
From the 25 major cities considered in England and Wales, there was a grand total of 2,880 social housing repossessions in the time period of January – June 2019.
Research shows that the number of households on local authority waiting lists for social housing remains above one million.
Tom Woollard, co-founder of Bunk, said: “While the overall number of social housing reaching the rental sector has remained largely static since 2013, we’ve not only seen a decrease over the last year but a maintained need for it with over one million people currently on waiting lists.”
According to Glenigan’s construction market analysis, work on social housing construction is set to rise from 2019-2020.
In the three months to July 2019, the underlying value of social housing construction projects starting on site surged 40%.