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Delivering more of the right homes, in the right places

Welcome | Our 2050 strategy | Value to society | Supporting customers | Providing safe, energy-efficient homes | Financial performance | Value for money | Our staff 

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.

Highlights 2020/21

  • 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
  • Homes England partnership to deliver thousands of affordable homes

    We’re a strategic partner of Homes England, receiving £95.4m in grant funding to build 1,623 homes; we’re also bidding for funding for about 3,000 more homes to start construction between 2021 and 2026.

  • Working with the Greater London Authority to deliver more homes

    We’re in partnership with the Greater London Authority (GLA), which is providing funding to support the delivery of 2,010 affordable homes. We are currently bidding for a further 1,476 homes in the 2021-26 programme.

  • New partnership with M&G set to build thousands of new homes

    In March 2021, we finalised our £0.5bn partnership with M&G Investments with a pipeline of up to 2,000 shared ownership homes. M&G bought 422 of our shared ownership homes in London and Kent for £61m, to establish the M&G Shared Ownership Fund, which is a ‘for-profit’ registered provider and must meet the same high standards expected by the Regulator of Social Housing. We’ll continue to manage and maintain the homes and customers won’t see any changes to their leases, rental arrangements or services.

  • Providing much needed affordable homes in Brighton & Hove

    ​We’ve acquired the sites to build 346 new homes at two sites in Brighton and Hove, to help the city meet growing demand for affordable housing. Half the homes will be available low social rents from Brighton and Hove City Council, with the rest available to buy for shared ownership through ourselves. Homes are due to be completed from 2023.

  • Hundreds of homes coming to Cambridgeshire and Peterborough

    Evera Homes, our partnership with three other housing associations was set up with plans to build 2,100 homes over five years. Evera completed its first project his year, delivering 36 homes near Huntingdon and has now teamed up with housebuilder Vistry to form Littleport Developments, a joint venture building 680 homes and a new community centre in the village of Littleport, Cambridgeshire.