One of our key objectives is to provide more affordable homes for people that need them, in the places where they’re most needed. We’ll partner with others to build more than we could alone, and be a ‘catalyst’ for new homes.
We face significant funding challenges to ensure our homes are safe and sustainable; to ensure we comply with fire and building safety legislation; and to meet the Government’s environmental targets. While we’ll improve customers’ lives as a result, we mustn’t allow development to stop when there is such a shortage of affordable homes. If we don’t find new sources of funding, we simply won’t be able to develop homes at the same rate.
That’s why we want to work in partnership with others, such as local authorities, housing associations and pension funds, to make best use of public and private capital.
- 651 new homes completed (2019/20: 687)
- 1,926 homes started (2019/20: 1,042)
- 255 market sale homes and 171 shared ownership homes, sold (2019/20: 401 and 145)
- 2,330 homes due to be started between 2021-26
- 6,848 homes due to be completed between 2021-26