New half-year Homes England housebuilding statistics published
Today’s statistics show the number of housing starts on site and completions delivered by Homes England between 1 April and 30 September 2024.
Housing programmes delivered by Homes England resulted in 15,682 new houses starting on site and 14,295 new homes completed between 1 April and 30 September 2024. This represents an increase in both starts and completions compared to the same period in 2023.
A higher percentage of starts on site were for affordable homes than in the same period last year, with an increase of 12%, reflective of the current stage of the five-year programme when starts on site begin to accelerate.
Of the affordable homes started in this period:
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1,098 were for Affordable Rent, an increase of 4% on this period last year
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1,426 were for Intermediate Affordable Housing Schemes, including Shared Ownership and Rent to Buy, an increase of 22%
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2,002 were for Social Rent, an increase of 148%.
The tenure is still to be confirmed for a further 8,547 of the affordable homes starts (a 1% decrease on this figure for the same period last year).
10,434 of the housing completions from 1 April to 30 September 2024 were for affordable homes, a 32% increase on the 7,929 affordable homes completed in the same period the previous year. Again, this increase can be attributed to the stage of the programme as delivery starts to ramp up.
The Shared Ownership and Affordable Housing Programme (SOAHP) 2016 to 2021 closed to new business in March 2024 and, over its lifetime, delivered 135,962 affordable starts on site against a programme target of 130,000
Of the affordable homes completed in this period:
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3,381 were for Affordable Rent, an increase of 9% from the same period last year
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5,062 were for Intermediate Affordable Housing Schemes, an increase of 63%
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1,991 were for Social Rent, an increase of 63%.
Peter Denton, Chief Executive at Homes England, said:
The statistics published today show a strong set of half-year results, reflecting the sector’s hard work and determination to build the new homes and communities the country needs.
We have worked closely with our partners over the past year to manage pressures on delivery and ensure they have the security and certainty to keep going.
The mission from the Government is clear, so we will continue to work extremely hard to make sure our partners have the tools to carry on with the job in hand, creating the places that people are proud to call home.
Notes to Editors
All ‘tenure to be confirmed starts’ originate from Strategic Partnerships (SP) where providers are not contractually required to identify the tenure of a unit until completion.
National housing statistics are published twice a year showing half and full year starts and completions as part of planned national statistical releases. The next release is full year starts and completions, which are due to be published in May or June 2025. Housing figures cannot be provided outside of these official releases.
Homes England programmes are funded by central government to enable private registered providers, house builders, community groups and local authorities to deliver affordable housing.
This release presents the housing starts on site and housing completions delivered by Homes England between 1 April 2024 and 30 September 2024 in England excluding London (for both the current and historical series) with the exception of the Build to Rent (BtR), Builders Finance Fund (BFF), Get Britain Building (GBB), the Home Building Fund – Short Term Fund (HBF-STF) and the Levelling Up – Home Building Fund (LU-HBF) programmes which are administered by Homes England on behalf of the Greater London Authority (GLA) and where delivery covers all of England including London.
Since April 2012, the Mayor of London has had oversight of strategic housing, regeneration and economic development in London.
The list of programmes included in these totals are detailed in the official housing statistics report.
‘Affordable Tenure TBC’ refers to units that have reached the start on site milestone but where the tenure of these units has not yet been specified. This was introduced as a flexibility for Strategic Partnerships to enable them to determine tenure close to or at the point of completion. These starts will be restated under their specified tenure headings in future national statistics updates once the tenure has been established at completion. Homes England also manages the Help to Buy equity loan scheme in England (including in London on behalf of the GLA). However, the completions are reported by the Ministry of Housing, Communities and Local Government (MHCLG) and, therefore, are excluded from these statistics.