… Overall, registrations for new homes fell by 2% in the last three months compared with the same period last year. That figure masks what many see as a more worrying trend. In the private sector, new building registrations fell by 1%.
” …While in the public sector – that’s largely homes built by housing associations which tend to be more often in the “affordable” category – the number was down a more precipitate 4%.
This morning, one housing association chief executive told The Times newspaper that it would certainly be cutting the number of affordable homes it planned to build this year.
Neil Hadden, of Genesis Housing Association, one of the largest in the UK, said that he was “looking carefully at priorities for spending”.
The reason? Uncertainty over how new Right to Buy plans will affect housing associations (the government wants to allow tenants to buy their homes at a discount and cuts to housing benefit which has meant income for many associations has fallen or is at risk.
… The latest figures from the Department for Communities and Local Government released in August said that house building “starts” (that’s actually building houses rather than registering a plan to do so) were down 14% compared to the previous three months and down 6% compared to the same period a year earlier.
And that comes against a background of generally poor construction figures as the sector becomes concerned about economic head winds.
It may not be time to roll out the tumbrils for UK house building.
But the latest figures could be making things a little twitchy for a Prime Minister who has made affordable housing one of the key priorities for this Parliament.”