The latest statistics from DCLG show annual housing starts are up 2% and completions are up 6% compared to the year ending June 2015. Housing starts are now 112% above their recession low in 2009 with just over 144,000 started in the last year. This shows that Britain has been building again. As we have previously commented, the last Government oversaw a quiet revolution in housebuilding. Net Housing Supply figures for 2015/16 are due in November which will give a fuller picture of what the market has achieved this year. Recent statistics from the VOA Council Tax suggest in total over 200,000 homes were added to supply. Although this is a remarkable feat, it is now more important than ever that we hold on to this hard-won momentum.
At the Housing & Finance Institute we work with anyone who wants to do more in housing. This includes industry, investors, councils, housing associations, LEPs and major projects. Our approach is to help build the skills and relationships needed to accelerate the delivery of homes that residents want and need. We do this by sharing our evidence-led lessons for housing delivery through events, research, bespoke partnerships and through our flagship Housing Business Ready Programme.
We are delighted that so many Councils who have worked with us on the Housing Business Ready Programme have achieved significant increases in their housing delivery in the past year. This is a testament to the hard work being done on the ground. In particular we would like to celebrate the achievements of the following annual completion surges:
Stoke-on-Trent City Council + 9%
Ashford Borough Council +120%
Eastbourne Borough Council +14%
Colchester Borough Council +11%
Maidstone Borough Council +27%
Braintree District Council +91%
Thurrock Council +73%
St Edmundsbury Borough Council +14%
If you would like to find out more about our work and whether the Housing & Finance Institute can help you with your housing delivery ambitions, you can contact us at firstname.lastname@example.org or email@example.com.