Private sector house building up 16% in 2014

A total of 12,188 private-led new build homes were completed in the year to end December 2014, an increase of 16% (1,707 homes) on the previous year.

Quarterly housing statistics have been released today by Scotland’s Chief Statistician. These include information on new house building, the Affordable Housing Supply Programme, and local authority house sales.

A total of 15,541 homes were completed in the full year to end December 2014, 4% (657 homes) more than the 14,884 completions in the previous year. This annual increase has been driven by a rise in the number of private sector led new build completions.

During the same period a total of 3,353 social sector homes were built, a decrease of 24% (1,050 homes) on the previous year. However more recent social sector data shows a substantial increase in completions for the quarter January to March 2015, resulting in a 4% increase for the 12 months to March 2015 to 4,221 homes.

Total completions under the Affordable Housing Supply Programme, which reflects a broader supply of affordable homes, increased by 1% to 7,069 homes in the 2014/15 financial year.

There were 4,210 new build homes completed between October and December 2014; 1% up on the same quarter in 2013. This brings the total for the year to end December 2014 to 15,541, up 4% (657 homes) compared to the 14,884 completed in the previous year.

There were 4,159 new build homes started between October and December 2014; 26% up the same quarter in 2013. This brings the total for the year to end December 2014 to 16,486 which is up by 15% (2,157 homes) compared to the 14,329 homes started in the previous year.

Between October and December 2014, 3,327 private sector led homes were completed; 8% up on the same quarter in 2013. This brings the total for the year to end December 2014 to 12,188 – up by 16% (1,707 homes) on the 10,481 completions in the previous year.

There were 3,311 private sector led starts between October and December 2014, 34% up on the same quarter in 2013. This brings the total for the year to end December 2014 to 12,699, 19% (2,019 homes) higher than the 10,680 starts in the previous year

There were 883 social housing completions between October and December 2014; 17% down on the same quarter in 2013. This brings the total for the year to end December 2014 to 3,353. This is a decrease of 24% on the 4,403 completions the previous year.

Meanwhile 848 social sector homes were started between October and December 2014; 4% up on the same quarter in 2013. This brings the total for the 12 months to end December 2014 to 3,787 which is 4% more than the 3,649 started in the previous year.

More up-to-date figures show that, in January to March 2015, 1,677 social sector homes were completed (more than double the 809 completions in the same quarter in 2014), and 1,756 were started (up by 2% on the same quarter in 2014).

There were 614 housing association completions between October and December 2014; 22% down on the same quarter in 2013. This brings the total for the year to end December 2014 to 2,386. This is a 25% (790 homes) decrease on the 3,176 completions the previous year

There were 510 housing association approvals between October and December 2014; 5% down on the same quarter in 2013. This brings the total for the year to end December 2014 to 2,573. This is a 4% (91 homes) increase on the 2,482 approvals in the previous year.

More up-to-date figures show that, in January to March 2015, 1,334 housing association homes were completed (more than double the 656 completions in the same quarter in 2014), and 1,597 were approved (up by 4% on the same quarter in 2014).

There were 269 local authority completions between October and December 2014; 5% down on the same quarter in 2013. This brings the total for the year to end December 2014 to 967. This is a 21% (260 homes) decrease on the 1,227 completions the previous year.

There were 338 local authority starts between October and December 2014; 22% higher than the number in the same quarter in 2013. This brings the total for the year to end December 2014 to 1,214. This is a 4% (47 homes) increase on the 1,167 starts in the previous year.

More up-to-date figures show that, in January to March 2015, 343 local authority houses were completed (more than double the 153 completions in the same quarter in 2014), and 159 were started (down by 12% on the same quarter in 2014).

Affordable Housing Supply Programme (AHSP) statistics reflect the broader supply of affordable homes (i.e. for social rent, affordable rent and affordable home ownership) and include off the shelf purchases and rehabilitations as well as new build.

The latest information for the financial year 2014/15 shows that affordable housing completions have totalled 7,069 for the financial year, up 1% on the previous year. This includes a small increase in social rent (up by 0.2% or 8 homes), an increase in affordable rent (up by 17% or 160 homes) and a decrease in affordable home ownership (down by 6% or 111 homes). Total starts are up 11% on the previous year to 6,641, while approvals are down 12% on the previous year to 6,297.

A total of 26,972 affordable homes have been completed in the 4 years from 2011-12 as part of the Affordable Housing Supply Programme, including 18,670 homes for social rent.

Following the announcement of the end of Right to Buy in July 2013 the number of applications and the number of sales both increased. The most recent figures available are for October to December 2014. During this period there were 625 Right to Buy applications (3% lower than in the same quarter the previous year, but 36% higher than in the same quarter in 2012) and 474 sales (53% higher than in the same quarter in the previous year, and 60% higher than in the same quarter in 2012).

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