Social Landlords Hit As Housing Starts Plummet

House building starts in England have dropped with social housing taking the biggest hit as housing association figures plummeted by 21 per cent.  CLG  figures published today show housing starts in England fell by 11 per cent from 27,240 homes in the last quarter of 2011 to 24,140 in the first quarter of 2012. Housing association starts went down from 5,010 to 3,950.  Completions went up by 6 per cent from 29,360 in the last quarter of 2011 to 31,010 in the first quarter of 2012. Housing association completions increased by 8 per cent from 6,910 to 7,430.  Local authority completions fell from 680 to 110, with local authority starts also falling from 380 to 100.  Download a copy of the report from the CLG website.