More Than 80% Of Councils Now Own Housing Companies

More than 80% of local authorities in England currently own housing companies and the number of councils entering into joint ventures (JVs) is also on the rise. Researchers at University College London (UCL) have found that 83% of councils in England currently have housing companies, compared with 78% in 2019 and 58% in 2017. The report said the increase in the number of councils building outside of the Housing Revenue Account may be connected to a proliferation in JVs with private sector partners or housing associations to deliver new homes. Read more on Inside Housing.

Inside Housing - News - More than 80% of councils now own housing companies, research finds