{"id":49385,"date":"2018-11-23T10:14:27","date_gmt":"2018-11-23T10:14:27","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=49385"},"modified":"2018-11-23T10:14:27","modified_gmt":"2018-11-23T10:14:27","slug":"affordable-housing-supply-figures","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/affordable-housing-supply-figures\/49385\/","title":{"rendered":"Affordable Housing Supply figures show 12% increase in affordable homes"},"content":{"rendered":"<h2>The<a href=\"https:\/\/www.gov.uk\/government\/organisations\/ministry-of-housing-communities-and-local-government\"> Ministry of Housing, Communities &amp; Local Government (MHCLG)<\/a> has published new Affordable Housing Supply figures which show a 12% increase in affordable homes from 2016-17 to 2017-18<\/h2>\n<p>Key findings from the Affordable Housing Supply report include:<\/p>\n<ul>\n<li>There were 47,355 affordable homes delivered in England in 2017-18, an increase of 12% compared to 2016- 17.<\/li>\n<li>Since 2013-14, affordable rent has become the most common tenure type for affordable homes delivery. In 2017-18, there were 26,838 new affordable rent homes, representing 57% of all new affordable homes.<\/li>\n<li>47% of all affordable homes delivered in 2017-18 were funded through section 106 (nil grant) agreements. This has been increasing year-on-year since a low in 2014-15 when section 106 (nil grant) accounted for 22% of affordable homes delivered.<\/li>\n<li>There were 8.5 affordable homes delivered per 10,000 population in England. This is similar to the average of the previous 15 years (9.0 affordable homes)<\/li>\n<li>90% of affordable homes delivered in England were new build.<\/li>\n<li>There were 53,572 starts on site in England in 2017-18, an 11% increase on the previous year.<\/li>\n<\/ul>\n<p>Commenting on the latest report, Patrick Gower, residential research associate, <a href=\"https:\/\/www.knightfrank.com\/\">Knight Frank<\/a>, said:\u00a0\u201cThe Prime Minister will no doubt be encouraged by data published this morning [22 November] revealing the number of Affordable Housing completions in England climbed to 47,355 in 2017-18, up 12% on the previous year.<\/p>\n<p>\u201cThe proportion of all new-build completions that were <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/may-2bn-affordable-homes\/47297\/\">Affordable Homes<\/a> also crept up to 24%, from 23% the previous year.<\/p>\n<p>\u201cThe increase comes amid a wider uptick in new build housing supply, which climbed to 195,290 in 2017-18, an increase of 6% on the previous year.<\/p>\n<p>\u201cThe mix of Affordable Housing completions in England has remained steady during the year. Homes for Social Rent accounted for 14% of completions, the same as the previous year, London Affordable Rent and Affordable Rent accounted for\u00a057% of completions, down from 58%, and Intermediate Housing, which includes Shared Ownership, accounted for 29%, up from 28%.<\/p>\n<p>\u201cThe number of Affordable Homes that started on site climbed 11% to 53,572, indicating that the number of homes likely to complete in the coming two to three years is also likely to increase.\u201d<\/p>\n<p>Andrew Lloyd, Managing Director at <a href=\"https:\/\/www.search-acumen.co.uk\/Home\">Search Acumen<\/a> added: \u201cThe UK government and industry has finally woken up to the scale of our nation\u2019s <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/co-living-micro-homes-housing-crisis\/47901\/\">housing crisis<\/a>.<\/p>\n<p>\u201cIt\u2019s encouraging to see recent drives to increase the supply of affordable housing start to reach fruition, with over 47,000 affordable homes delivered in 2017-18. But we have a lot of work to do \u2013 National Housing Federation estimates suggest we need to be building more than 140,000 affordable properties a year to help satisfy demand.<\/p>\n<p>\u201cWhile the need to build more affordable homes is an urgent one, we have to ensure that the resolution to this problem isn\u2019t a knee jerk reaction of more\u00a0promises of affordable housing investment,\u00a0without thought as to what type of properties are most in need, and where they are needed. If we are to fix the UK\u2019s housing crisis for this generation and those to come, we need to take\u00a0a smarter\u00a0approach.<\/p>\n<p>\u201cThe government has made its intentions clear that\u00a0both public and private enterprises must take advantage of\u00a0property data to make better planning and building decisions. To build more, we need to do a better job of\u00a0identifying and unlocking\u00a0the sites best suited for affordable housing, and\u00a0to make sure we\u2019re not only building the right kind of\u00a0homes at the right price, but in the right places also.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Ministry of Housing, Communities &#038; Local Government (MHCLG) has published new Affordable Housing Supply figures which show a 12% increase in affordable homes from 2016-17 to 2017-18.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[666,276,572,571,656,570],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-49385","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-affordable-housing","8":"tag-government","9":"tag-housebuilding","10":"tag-housing-crisis","11":"tag-housing","12":"tag-social-housing"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Affordable Housing Supply figures show 12% increase in affordable homes<\/title>\n<meta name=\"description\" content=\"The Ministry of Housing, Communities &amp; 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