Affordable Housing Completions Up 27%

Affordable housing completions rose 27% in England last year, with the increase driven by new homes for affordable rent and shared ownership. The numbers include all homes for social rent, affordable rent, intermediate rent, affordable homeownership and shared ownership. Last year’s figure of 32,630 represented a low point in recent years and despite this year’s rise it is still the second-lowest level of overall delivery since 2004/5. Social rent completions dropped 21%, down to 5,380 in 2016/17 from 6,800 the previous year. Numbers of affordable rent completions rose 47% from 16,550 up to 24,350, while shared ownership deliveries more than doubled from 4,080 up to 8,810. Download the figures from the CLG website.