Written and published by Simon Callier

Showing posts with label Social Housing Volumes 2022. Show all posts
Showing posts with label Social Housing Volumes 2022. Show all posts

Saturday 3 June 2023

Social Housing Stock Volume and Rental Income - 2022

This report is a short study of the social housing sector, to describe the types of property that are rented out by Local Authority Registered Providers (LARP) and Private Registered Providers (PRP, more commonly referred to as Housing Associations or HA’s) within England as of August 2022.
 
The analysis covers the types and volumes of properties that are rented out within the social housing sector within England, which has been compiled by data provided by the Regulator of Social Housing in the UK.
 
Rents quoted are for properties where Social Rent and Affordable Rents are charged and are referred to in general as “Net Rent” as they exclude Service Charges.
 
Affordable Rent levels are set at a rate of no more than 80% (including service charges) of the general rents charged within the local market and must form part of an agreement with Homes England or the GLA, for both General Needs and Independent Living properties.
 
Social Rents are subsidised by the UK Government for low income households that are charged by housing providers at a lower level than rents for similar local private sector rented properties. Social rents are calculated utilising a UK Government formula that creates a level of rent for each property, which is based on the value and size of the accommodation, relative to local income levels.
 
The calculations for rent in the tables below are calculated for General Needs and Independent Living properties and exclude Temporary Accommodation and Shared Ownership property types.
 
Social Housing Stock by Accommodation Type - England
 

Region - England

Total Social Housing Stock

General Needs

Temporary Accommodation

Independent Living

Shared Ownership

East Midlands

339,017

268,807

578

53,217

16,415

East of England

448,759

364,939

1,905

55,951

25,964

London

863,460

732,022

7,369

69,610

54,459

North East

275,939

240,284

157

31,267

4,231

North West

609,909

507,891

141

82,771

19,106

South East

587,247

462,311

1,303

69,421

54,212

South West

366,491

287,568

353

53,641

24,929

West Midlands

486,581

412,978

790

53,421

19,392

Yorkshire and the Humber

435,181

384,310

182

40,107

10,582

Total for England

4,412,584

3,661,110

12,778

509,406

229,290


Social Housing Stock by Social Housing Provider - England
 

Housing Category

Local Authority Registered Provider (LARP)

Private Registered Providers (PRP)

Total Properties

General Needs Total

1,457,229

2,216,659

3,673,888

General Needs (Self-Contained)

1,454,509

2,206,601

3,661,110

General Needs (Temporary Accommodation)

2,720

10,058

12,778

Independent Living

107,011

402,395

509,406

Shared Ownership

5,744

223,546

229,290

Total - England

1,569,984

2,842,600

4,412,584


Social Housing Rent and Total Income by Accommodation Type - England
 

Rent Category

LARP Weekly Net Rent

No of LARP Properties

PRP Weekly Net Rent

No of PRP Properties

Total Rental Income - 2022

General Needs (Social Rent)*

£89.53

1,428,026

£98.05

1,826,339

£15,346,185,336.50

General Needs (Affordable Rent)

£131.92

29,203

£136.72

294,526

£2,206,002,724.00

Independent Living (Social Rent)

£78.10

102,435

£95.60

333,961

£1,996,342,255.00

Independent Living (Affordable Rent)

£130.26

4,576

£181.29

14,731

£163,332,637.50

Total Rental Income - 2022

£19,711,862,953.00

General needs (Social Rent)

LARP Weekly Net Rent

No of LARP Properties

PRP Weekly Net Rent

No of PRP Properties

Total Rental Income - 2022

Non-self-contained

£63.88

2,679

£82.66

1,042

£12,863,312.00

Bedsit

£76.15

28,991

£76.50

17,571

£177,592,307.50

1 Bedroom

£78.43

373,771

£84.22

419,725

£3,233,204,951.50

2 Bedroom

£88.45

494,116

£96.37

686,889

£5,495,002,656.50

3 Bedroom

£97.48

483,967

£106.54

628,875

£5,708,872,283.00

4 Bedroom

£116.23

39,856

£124.48

65,244

£637,701,800.00

5 Bedroom

£136.52

3,725

£138.52

5,744

£65,209,794.00

6+ Bedroom

£148.99

921

£147.81

1,249

£16,091,724.00

All stock sizes

£89.53

1,428,026

£98.05

1,826,339

£15,346,185,336.50

 

 

 

 

 

 

Independent Living (Social Rent)

LARP Weekly Net Rent

No of LARP Properties

PRP Weekly Net Rent

No of PRP Properties

Total Rental Income - 2022

Non-self-contained

£76.01

1,651

£105.35

41,928

£227,130,365.50

Bedsit

£70.30

7,007

£80.89

26,562

£132,059,614.00

1 Bedroom

£77.27

75,667

£93.42

213,800

£1,290,999,254.50

2 Bedroom

£84.07

17,510

£103.50

48,974

£327,043,735.00

3 Bedroom

£104.98

572

£116.04

2,522

£17,635,072.00

4+ Bedroom

£113.35

28

£148.43

175

£1,457,452.50

All stock sizes

£78.10

102,435

£95.60

333,961

£1,996,342,255.00

 

 

 

 

 

 

Affordable Rent (General Needs)

LARP Weekly Net Rent

No of LARP Properties

PRP Weekly Net Rent

No of PRP Properties

Total Rental Income - 2022

Non-self-contained

£109.27

41

£98.70

126

£845,813.50

Bedsit

£106.87

88

£136.83

885

£6,524,955.50

1 Bedroom

£115.26

5,748

£124.93

58,112

£396,122,332.00

2 Bedroom

£128.01

13,443

£134.26

143,878

£1,051,894,935.50

3 Bedroom

£143.19

8,413

£143.98

81,557

£647,361,716.50

4 Bedroom

£168.55

1,292

£182.13

9,559

£97,937,363.50

5 Bedroom

£176.27

142

£176.58

356

£4,394,641.00

6+ Bedroom

£211.63

36

£199.57

53

£909,794.50

All stock sizes

£131.92

29,203

£136.72

294,526

£2,206,002,724.00

 

 

 

 

 

 

Affordable Rent (Independent Living)

LARP Weekly Net Rent

No of LARP Properties

PRP Weekly Net Rent

No of PRP Properties

Total Rental Income - 2022

Non-self-contained

£93.22

428

£255.74

653

£10,344,819.00

Bedsit

£130.81

70

£185.96

711

£7,068,713.00

1 Bedroom

£136.13

2,720

£175.48

8,006

£88,758,324.00

2 Bedroom

£129.97

1,333

£179.94

5,280

£56,166,660.50

3 Bedroom

£136.06

23

£202.82

80

£967,749.00

4+ Bedroom

£180.17

2

£139.34

1

£24,984.00

All stock sizes

£130.26

4,576

£181.29

14,731

£163,332,637.50


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