Housing programmes delivered by Homes England resulted in 36,872 new properties accomplished within the 12 months to 31 March 2025, a 12% rise in comparison with the identical interval the earlier 12 months.
During the identical interval, there have been 38,308 new homes beginning on website, a 5% rise in comparison with the identical interval the earlier 12 months.
Of the brand new begins on website, 30,087 have been for inexpensive homes, a 0.6% enhance on the earlier 12 months, and representing 79% of all begins.
From the full inexpensive residence, 5,680 have been for social lease, a rise of 43% on the earlier 12 months, whereas 2,800 have been for intermediate inexpensive housing schemes, together with shared possession and lease to purchase, a lower of 27% on the earlier 12 months.
There have been additionally 2,665 for inexpensive lease, which additionally decreased by 18%.
The tenure remains to be to be confirmed for an extra 18,942 of the inexpensive properties begins, a 1% enhance on this determine for a similar interval final 12 months.
Of the inexpensive housing begins delivered, 96% have been delivered from the Affordable Homes Programme 2021 to 2026, up from 74% in the identical interval final 12 months.
This is as a result of the Shared Ownership and Affordable Housing Programme (SOAHP) 2016 to 2021 closed to new enterprise and completed delivering housing begins in March 2024.
Over its lifetime, it exceeded its goal of 130,000, delivering 136,169 inexpensive begins on website. It is because of end supply of completions by March 2026.
Of the housing completions for this era, 28,370 have been for inexpensive properties, a 15% enhance on the earlier 12 months, and represents 77% of all completions.
The enhance has been attributed to the maturing of the Affordable Homes Programme 2021 to 2026, the place the begins from the primary couple of years turn into completions.
Of the inexpensive properties accomplished on this interval, 10,755 have been for inexpensive lease, a rise of 15% on the identical interval final 12 months whereas 11,883 have been for Intermediate Affordable Housing Schemes, a rise of 13%. And 5,732 have been for social lease, a rise of 33%.
Homes England chief government Eamonn Boylan says: “The statistics revealed in the present day show the dedication and dedication of the sector to construct the brand new properties and communities the nation wants.”
“It additionally reveals the significance of programmes just like the Affordable Homes Programme (AHP) to allow the supply of those much-needed properties — and comes sizzling on the heels of the federal government committing an extra £39 billion in funding to inexpensive properties over a ten 12 months interval, giving confidence and certainty to the sector.”
“We’ll be working carefully with the federal government on the operationalisation of this funding over the approaching months, alongside different new initiatives such because the creation of the National Housing Bank, while persevering with to work carefully with native leaders to grasp native wants, and suppliers to make sure they’ve the help to fulfill that want.”
Earlier this month, Labour introduced that over half one million new properties might be funded underneath a brand new government-backed ‘housing financial institution’ which goals to unlock over £53bn of personal funding.
