Social housing regulators announced today Statistics on the Social Housing SectorIncludes share ownership and rent as of March 31, 2020.
This is the first time we have created local government statistics and combined local and private registered provider stock statistics with private registered provider statistics.
Revenues from public housing registered providers show that there will be 4.4 million public housing across the sector in 2020, with over 60% owned by private registered providers and the rest owned by local governments. .. Including non-social housing stock, private registered providers reported for the first time that they own more than 3 million homes.
Looking at all providers, low-priced rental inventories have increased slightly (0.3%) since 2019, with reported increases in affordable rental units and reported reductions in social rental units. Higher than (reasons including sales to tenants (as a right to buy) and conversion to affordable rent.
Shares owned by commercial private-sector registered providers have nearly doubled annually, albeit with just over 9,000 units. The growth of low-cost homeowner units continues to accelerate, with an additional 14,500 units added in 2019-20.
The data cover the final year of a four-year rent cut, showing that social rent for general needs has fallen by almost 4% across the sector since 2016. Rents were lowest in the northeast (£ 75.53) and highest in London (£ 111.74) and southeast (£ 101.12).
Fiona McGregor, CEO RSH Said:
Statistical data returns and municipal data returns data show how the social housing sector is changing and growing. This is the first comparable data that meets national statistics designations for both local and private registered providers.
This data is responsible for rent regulation for local and private registered providers and helps ensure a risk-based, proportional approach to sector-wide regulation.
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Notes to editors
- Local government social housing data was previously collected through local government housing surveys. After April 1, 2020 RSH Through local government data RSH Responsible for local government rent regulation.Private registration provider data was collected by RSH Through statistical data returns since 2012.
- Both local and private registered provider data have been designated as national statistics by the Office for National Statistics.
- A total of 1,557 providers are LADR or SDR In 2020. There was a response rate of 100% for 2019-20LADR and 96% for 2019-20. SDR (100% for privately registered providers who own more than 1,000 public housing).
- Residential includes self-contained units such as homes and apartments, and non-self-contained bed spaces collectively referred to as units in the data.
- Of the 4.4 million units of social stock owned by RP, Private registered providers own 2.8 million units and local government registered providers own 1.6 million units.
- Forty-nine commercial providers reported 9,313 units of social stock in 2020, compared to 5,342 in 2019.
- Reportedly owned by an additional 14,500 low-cost owners PRP March 31, 2020 compared to 2019. This corresponds to an 8% increase.Rate of increase LCHO It has been speeding up since 2017.
- The 2016 Welfare Reform Labor Law introduced a 1% annual rent reduction over four years. Rent from April 1, 2020 RSHRent standard with rent limit CPI + 1%.
- Private registered providers report a 3.7% drop in average net rent for social rent stock for general needs. Local government-registered providers report a 3.9% drop in average net rent, but for historical reasons the numbers are based on the sum of general needs and supported housing. LAHS Data that does not provide any further breakdown. 94% of the social rental units of providers registered with local governments are general needs.
- RSH Promote a viable, efficient and governed social housing sector that can provide housing that meets a variety of needs.
RSH data show that homes owned by private registered providers reach 3 million marks
SourceRSH data show that homes owned by private registered providers reach 3 million marks