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Housing supply data

ended 24. November 2022

A report about housing supply in England has just been published by the ONS. Key points below. Any thoughts, whizz them across ASAP as this story is BREAKING. Just a paragraph will do.

  • Annual housing supply in England amounted to 232,820 net additional dwellings in 2021-22, a 10% increase on 2020-21.
  • This resulted from 210,070 new build homes,
  • 22,770 gains from change of use between non-domestic and residential,
  • 4,870 from conversions between houses and flats and
  • 780 other gains (caravans, house boats, etc),
  • offset by 5,680 demolitions.

5 responses from the Newspage community

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Nicola Schutrups
Managing Director at The Mortgage Hut / William James Wealth Management
We've seen a big push to get completions through as the government's help to buy scheme came to an end. It's important that the new prime minister continues to focus on ways to support first-time and next-time buyers in the property market. One option could be to create incentives for house builders to continue building new homes in this more turbulent market. Historically, as prices have softened, house builders have slowed production to support pricing in the market. The government should keep a close eye on this and ensure the market has the right incentives to keep the new build housing market moving, which not only supports consumers but also creates and maintains jobs in the UK economy.
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Samuel Mather-Holgate
Independent Financial Adviser at Mather and Murray Financial
These figures are truly disappointing. Although a 10% increase in new houses seems good on the face of it, this comes from a really low number that were built during Covid when there was a 13% reduction. The government really do need to get a grip on building new houses. It's good economic policy, but more importantly it's good social policy. I fear that the Tories are paralysed when it comes to any policy that is in any way likely to have some opposition so they will shy away from this as they have done for a decade. Britain needs a new deal.
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Imran Hussain
Director at Harmony Financial Services
The housing supply in the country is massively short from where we need it to be; not enough is being built at a rate to meet demand, especially affordable homes; this is partly down to government policy and also the lack of skilled labour available the market does not need any schemes now as they have been tried an tested and have failed as the housing market needs skilled labour to build the houses required.
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Joe Garner
Founder & Managing Director at Joe Garner Consulting
Until every man, woman and child has a permanent roof over their head, the figures are nowhere near good enough. We have over one million households waiting for a home in the UK, including people whose current housing has a serious negative impact on their (mental) health. People who are living in severely overcrowded housing. People who are homeless as a result of domestic abuse. There are people that have been on the housing waiting list for over a decade who may never get a home. Planning policy must favour the delivery of new homes until we meet every single need for housing. Quotas and targets are useless when local authorities fail to reach them without consequence. This, coupled with NIMBYism and political point scoring means we are failing the most needy of our society and must readdress our priorities urgently. Building new council homes stimulates the economy, provides jobs and will give everyone the safety and security only a permanent home can provide.
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Zaid Patel
Director at Highcastle Estates
The problem is not a lack of homes, the problem is a lack of affordable housing. The gap is only widening. The low supply and rising costs of materials have had a huge impact on homes, which are affordable. Developers are now pricing their homes higher, inviting more investors than first-time buyers looking to jump on the ladder. The rise in communal and HMO accommodation has helped, but it is not a long-term solution and not a solution for young families. I have had conversations with local authorities indicating that housing supply is still an issue as they have tens of thousands of families in temporary accommodation due to the scarcity of permanent accommodation.