The latest statistics published by New Homes England show that housing programmes have resulted in 37,330 new houses starting on-site and a further 34,995 houses being completed between 1st April 2020 and 31st March 2021. These figures offer a promising sign that the new build industry will continue to thrive beyond the Covid-era.
These new statistics show that although the industry did take a hit due to the pandemic, strides are still being made to build new affordable homes. 76% of all starts from the afore mentioned time period were for affordable homes – a total of 28,191 starts nationwide. As well as this, 69% of all completions during this time were for affordable homes – meaning a total of 24,023 affordable new builds have been completed during an incredibly challenging period.
Peter Freeman, Chair of Homes England, released the following statement:
“The statistics released today show that we’ve kept making homes happen despite the huge impact of Covid-19 on the housing industry. Alongside this, throughout the pandemic we’ve also adapted as an agency, learnt more about our partners and found ways to support them; learning that will help us as we enter our next phase.
“We know there are still hurdles to overcome but we’re encouraged by recent data to suggest the sector is recovering well.
“With increased Government support through the new £12bn Affordable Homes Programme, we’re sure the foundations are in place for the housing sector to come back stronger to deliver the new homes the country needs.”
