Social Housing New Build Market Report - UK 2020-2024

TABLE OF CONTENTS

1. INTRODUCTION 8

• 1.1 INTRODUCTION 8
• 1.2 SOURCES OF INFORMATION 9
• 1.3 GLOSSARY OF TERMS 10

2. SUMMARY 11

3. SOCIAL HOUSING PROVISION IN THE UK 14

• 3.1 DEFINITION 14
• 3.2 OVERARCHING ORGANISATIONS 14
  • 3.2.1 England 14
  • 3.2.2 Wales 14
  • 3.2.3 Scotland 14
  • 3.2.4 Northern Ireland 15
• 3.3 UK OVERVIEW OF SOCIAL HOUSING PROVISION 15
• 3.4 SOCIAL HOUSING PROVISION IN ENGLAND 16
  • 3.4.1 Overview 16
  • 3.4.2 Private registered providers 17
  • 3.4.3 Local authorities 20
• 3.5 SOCIAL HOUSING PROVISION IN SCOTLAND 21
• 3.6 SOCIAL HOUSING PROVISION IN WALES 22

4. SOCIAL HOUSING CONSTRUCTION 23

• 4.1 RECENT DEVELOPMENTS AND TRENDS 23
• 4.2 KEY MARKET FACTORS 27
  • 4.2.1 Socio-economic and demographic 27
  • 4.2.2 Impact of reductions in funding on social housing output 28
  • 4.2.3 Resumption in local authority housing delivery 29
  • 4.2.4 Impact of Right to Buy on size of social housing stock 31
  • 4.2.5 Homes England's strategic plan 32
  • 4.2.6 Affordable housing programmes 33
  • 4.2.7 Land Availability 35
  • 4.2.8 Shortages of construction trades and professionals 35
  • 4.2.9 Growth in uptake of offsite housing in social housing sector 37
  • 4.2.10 Impact of the covid-19 pandemic on housing output 40
  • 4.2.11 Impact of the UK leaving the EU 41

5. SOCIAL/AFFORDABLE HOUSING NEWBUILD MARKET MIXES 42

• 5.1 NEWBUILD ACTIVITY BY REGION 42
• 5.2 NEWBUILD ACTIVITY BY TENURE 42
  • 5.2.1 UK 42
  • 5.2.2 England 43
  • 5.2.3 Scotland 44
  • 5.2.4 Wales 45
• 5.3 NEWBUILD ACTIVITY BY FUNDING MECHANISM 46
• 5.4 NEWBUILD ACTIVITY BY TYPES OF DWELLING 47

6. CONTRACTING IN THE SOCIAL HOUSING SECTOR 50

• 6.1 OVERVIEW 50
• 6.2 PRIVATE SECTOR FOR-PROFIT HOUSING DEVELOPERS 50
• 6.3 NOT-FOR-PROFIT PROVIDERS / HOUSING ASSOCIATION DEVELOPERS 55
• 6.4 LOCAL AUTHORITIES - DIRECT DELIVERY AND LOCAL HOUSING COMPANIES 61

7. PROCUREMENT 64

APPENDICES 67

APPENDIX A: ECONOMIC ENVIRONMENT 67

A.1 OVERVIEW AND OUTLOOK 67

A.2 GDP 67

A.3 INFLATION & INTEREST RATES 69

A.4 EMPLOYMENT & WAGES 70

A.5 HOUSEHOLD CONSUMPTION 71

A.6 STERLING 72

TABLES AND CHARTS

• CHART 4: CONSTRUCTION NEW WORK BY END-USE SECTOR BY VALUE 2019 17