Housing delivery is up with a 24% increase in affordable homes, according to the latest data from Homes England.
Between April and September of this year there were 16,955 housing starts and 14,792 completions delivered by schemes managed by Homes England (excluding London).
Additionally, housing starts are at their highest level for 10 years, however completions have dropped year-on-year – although they remain at their second highest levels since 2011.
Some 10,295 completions were delivered as affordable homes, 70% of the total, although this is a reduction of 7% year-on-year.
Founder and CEO of Stone Real Estate, Michael Stone, said: “Good news on the face of it with a commendable number of homes being delivered, with the majority of these being affordable.
“While the devil in the detail is a slight drop in completions, the level of homes being delivered is still some of the highest in the last 10 years.”
He added: “Wider market trends suggest that with such a positive uplift in the number of homes started, the knock-on effect will be yet a further increase in the level of homes being delivered early next year, despite who takes the keys to number 10.”