- Part of:
30,000 affordable homes target delivered.
The number of social sector homes completed in the past year has increased by 10 per cent, according to official statistics figures released today.
From July to September this year, 895 social sector homes have been completed – 23 per cent more than in the same quarter in 2014. The total number of social sector completions over the past year has reached 3,879 – an increase of 10 per cent on the previous year.
Whilst private sector led completions dropped by four per cent in the year to end June 2015, there was a rise in private sector led starts between April and June this year, increasing by 7 per cent against the same quarter in 2014, bringing the total for the year to end June 2015 to 12,530 – 550 more homes than in the previous year.
The latest housing figures also give a breakdown of how 30,133 affordable homes - 133 more than the 30,000 target set by the Scottish Government - have been delivered ahead of schedule, and show the number of social rented homes and council homes have also been exceeded.
Social rented completions between April 2011 and end October 2015 has totalled at 20,400, exceeding the target by 400 homes, while the number of council house completions has reached 5,292, exceeding the target by 292 homes.
The Scottish Government has pledged to invest at least £3 billion to deliver 50,000 affordable homes over the next five years. The extra homes are expected to support, on average, around 20,000 new jobs per year and generate in excess of £10 billion in economic activity over the course of the Parliament.
Housing Minister Margaret Burgess said:
"Housing is a key priority for this government, and these statistics show we have exceeded our target to deliver 30,000 affordable homes.
"I'm pleased to see an increase in the number of social sector homes completed in the past year and that private sector starts are also up on last year's figures.
"High quality, energy efficient, affordable homes form the cornerstone of socially and economically sustainable communities. We have worked hard with the housing sector to deliver these homes as well as develop innovative funding initiatives, such as government guarantees, loans, grant recycling and new sources of private funding, to help both buyers and developers."
The Quarterly Housing Statistics can be found at www.gov.scot/stats/bulletins/01192