The UK Housing Review was published this month, and it shatters the myth that social housing is the most subsidised tenure in England.
Measures to stimulate homeownership and the private market in England amount to £53bn. That is 75% of the government’s planned housing investment for 2019/20 to 2023/24.. Only 25% was set aside for affordable homes (social rent, affordable rent and shared ownership). Note: these figures pre-date the recent Budget. In contrast, government support for affordable homes in Wales is 74% of total investment, in Scotland 84% and in Northern Ireland 100%.
Other statistics that jumped out at us were:
- There were more than 170,000 families and individuals across Great Britain experiencing ‘core homelessness’ on a typical night in 2017. Core homelessness includes: rough sleeping, sleeping in cars, etc; squatting, in hostels, refuges and shelters; in unsuitable temporary accommodation (e.g. B&B), and ‘sofa-surfing’
- Rates of core homelessness were almost identical in Scotland and England in 2010 but have since diverged markedly – steadily worsening in the latter
- Grant for new build affordable housing has increased in England, but only from 7% of development costs in 2017 to 11% in 2019.
- Over the seven years April 2012-19, the net loss of social rented stock in England reached 181,000 homes, despite the building of over 60,000 new social rented homes over the same period. Conversion to Affordable Rent and the Right to Buy were the biggest reasons, but in London estate demolition has played a big role.