I4H have forecast what development levels could potentially be for the next 5 years. The report predicts who are likely to develop new units by size, region and organisation type. I4H have also teamed up with industry experts to consider how social housing can be delivered faster as well as improved treasury management.
Key Findings:
– The average forecast shortfall of new social homes a year from 2020 to 2025 will be 113,064.
– Landlords with 6,000 units and over are forecast to complete 83% of total development in 2025.
– Traditional Housing Associations have been forecast to complete 58% of total development. LSVT’s will complete 42% of total development in particular LSVT’s 12 years and over.
– Landlords who have stock in mixed regions, which are large national providers will complete 23% of total development in 2025.
-Landlords need to consider modern methods of construction to increase housing supply. Factory engineered homes have the potential to increase the supply, delivery and quality of social housing. There is also a greater need for a more skilled construction workforce. To increase housing supply, the sector needs to consider increasing investment in construction apprentices and workforce.
Report Authors:
Keith Simpson an expert in social housing construction with explores the benefits of Off-site construction and how this can improve the volume and quality of social housing. Keith has 50 years experience of maintenance and construction in the social housing sector. Keith is the founder of the National Housing Academy and championing raising standards and competency of repairs and construction services.
Balwant is a highly skilled and enthusiastic accountant and treasury professional with over fifteen years’ experience of managing and integrating multi-national finance teams. Experienced in business planning, treasury, strategic reviews, executive and board reporting, change management, budget formulation, forecasting, building effective stakeholder relationships and delivering high quality results within agreed timescales.
Gursh is the Managing Director of I4H with over 18 years’ experience of working with social housing and care and support providers to drive performance and business transformation. Prior to setting up I4H, Gursh held numerous senior positions within the social housing sector and is currently company secretary for Reliant Care who are a specialist mental health care provider.
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