For the last few weeks I’ve been working on our annual ranking of the top 50 housing associations, in terms of who is building the most, with my colleague Gene. It was a massive job, but quite revealing. Here’s the news story that came out of it.
If social landlords operated like a pizza delivery service – delivery on time or your pizza for free – they might have to give away a few homes this year.
This year Inside Housing’s annual ranking of the top 50 developing housing associations reveals that even those delivering the most new homes across England completed just 25,634 homes in the last financial year. This is down by a startling 25 per cent on this time last year, and less than last year’s top 50 expected to build.
But, as we dig into the details of what the top 50 are building, are there clues as to why completions have dropped? And can we believe assurances from the Homes and Communities Agency that the proverbial pizza delivery is in fact only around the corner?
Each year, Inside Housing surveys the biggest 100 housing associations in England, in order to rank the 50 housing associations that are building the most homes. We compile two rankings – those which completed the most homes in the last year, and those planning to build the most new homes next year.
As well as a ‘who’s who’ of the big builders and those that have the most homes in their pipeline it provides a window into broader industry trends. We find out exactly how many homes associations are constructing and what tenure they are, as well as surveying their plans for the future.
Last year’s top 50 completed 34,435 homes between 1 April 2011 and 31 March 2012. This year’s top 50 managed just 25,634. This number is 14 per cent lower than last year’s top 50 expected to deliver – they anticipated they would build just under 30,000 during 2012/13.