Affordable house building ahead of target

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HOUSING statistics released today show the Scottish Government is ahead of its 5-year target to deliver 30,000 affordable homes by March 2016.

The figures show that 26,972 affordable homes have been delivered in the 4 years from 2011-12 as part of the Affordable Housing Supply Programme – 90% of the Scottish Government target.

This includes 18,670 homes for social rent – 93% of the social rent target.

The government  figures for new affordable homes are promising for first-time buyers
The government figures for new affordable homes are promising for first-time buyers

 

A total of 15,541 new build homes, both private and for social rent, were completed in the full year to end December 2014, 4% (657 homes) more than the 14,884 completions in the previous year.

Private sector led housing accounted for a large proportion of this increase, with a 16% increase in private sector led completions in 2014.

In addition, social sector new build homes completed for the first quarter of 2015 show a total of 1,677; more than double the number of homes completed in the same period last year.

This brings total social sector completions in the financial year 2014-15 to 4,221, an increase of 4% on the previous year.

Housing Minister Margaret Burgess said: “Housing is at the heart of the Scottish Government’s ambitions to create a fairer and more prosperous country and the supply of affordable housing is a key priority. I’m delighted to say we are well on track to meeting our five year target of 30,000 new homes by 2016.

“The figures for the first quarter to the end of March 2015 are positive and we will work with partners to deliver our target of 30,000 affordable homes across Scotland by next year.”

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