big ben london autumn statement

UK Government’s new homes target under review 

A wide ranging inquiry into the provision of new social housing and affordable rented homes has been announced by a House of Commons Committee.

Under review will be the Government’s ambitious target to provide 300,000 new homes by the mid 2020s.  Currently within this figure, the proportion of social homes that local authorities are expected to build stands at 3 per cent.

Researching development schemes in other countries

The objective behind the inquiry is to examine whether the Government’s current plans to improve the amount of new affordable housing across the country are fit for purpose, the housing demographic and what can be gleaned from development schemes in other countries and jurisdictions.

Feasibility study will evaluate the role of housing providers to deliver long-term

The review will also look at the feasibility of what is in place and how incentivising stakeholders, including housing associations and local authorities can be provided to boost delivery. It intends to assess the role of local authorities as enablers and providers as well as what Homes England, housing associations and other providers should be in terms of long term delivery.

Government invites housing providers’ opinions to build a better future

Clive Betts, chair of the committee said: “We have launched this new inquiry to understand how effective the Government’s current housing strategy will be in meeting demand for social housing in the long term. We will examine how far current funding levels will promote new building projects, and what more can be done to encourage local authorities and housing associations to increase provision.

Shelter, the housing charity has said: “Over three million new social home would need to be built over a 20 year period to address social housing need. Amounting to 150,000 new social homes per year this is significantly higher than the Government’s current plans.”

Clive Betts added: “Over the last decade the construction of new social and affordable rented homes has stagnated. The number of new homes built in this sector has slowed to a trickle of a few thousand a year, while at the same time demand becomes greater and greater.

“Social housing has been left to drift for too long and we must ensure that there are coherent long term strategies to remedy this.”

The allocation of adequate funding will be on the committee’s agenda. It is also looking at what levels of central Government funding will be required to support this delivery over the next 10 years.

Written submissions to the inquiry are being invited by the Committee by 12 July 2019. It is interested to receive views on meeting the sustainable delivery of social and affordable rented housing to meet long term need and contribute to the Government’s overall house building targets.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT