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Over the five years to 2021 the public sector intends to develop more than 280,000 new units across all tenures, at an estimated cost of £55bn.
Although government subsidy and debt will play a part, over half (£31bn) of this investment will be funded directly through sales revenue.
The Regulator of Social Housing has identified that the development of homes for sale is a key area of risk which exposes registered providers. This puts the onus on scrutiny panels and boards to truly understand the risk and reward behind their development decisions, and ensure appropriate coping mechanisms are in place to mitigate against risks associated with exposure to the wider market or changes in government policy.
This report showcases 4 key Hometrack metrics to reflect on current market conditions and examine housing trends in 2018.
Hometrack's Insight Director Richard Donnell discuss the latest trends in UK property market.
Richard Donnell, Hometrack's Insight Director explores key themes within the property market for April 2018
Richard Donnell, Hometrack's Insight Director dissects key property market themes for March 2018
Richard Donnell, Hometrack's Insight Director dissects key property market themes for February 2018