Social Housing Lettings Down Again

Latest figures from the MHCLG show that social housing lettings by local authorities and housing associations in England totalled 313,000 - decrease of 6% on the previous year. These latest figures continue the long-term trend in the decline in the number of lettings from a peak of 397,000 lettings in 2013-14 (a decrease of 21%). Of the total of 313,000 new lettings in 2017-18, 217,000 lettings were made by private registered providers and 96,000 by local authorities. 87% of new social lettings were at social rent with 13% let at affordable rent (set at up to 80% of market rent). Social rent charged on new social lettings was on average 52% of market rent (£82.00 pw) whilst affordable rent was on average 71% of market rent (£111.00). Download the figures from the MHCLG website.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/759738/Social_Housing_Lettings_April2017_to_March2018_England.pdf