Private providers' social housing stocks rise 1.9%
Published by Max Salsbury for 24dash.com in Housing and also in Central Government
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Private registered providers of social housing own 2,634,917 homes - a 1.9% increase on the total for 2012, according to the HCA’s Statistical Data Return (SDR).
The data comes from an annual survey of all private registered providers (PRPs) in England and includes data on size and type of home, location and rents as of 31 March 2013.
Key data points from the SDR include:
• 1.4% (27,551) of general needs stock was vacant. This is unchanged from the 2012 figure of 1.4%. Vacant supported housing and housing for older people stock reduced from 4.4% in 2012 to 4.2% in 2013.
• A total of 6,223 homes were sold to tenants, 4,672 were demolished and 3,908 were disposed of for non-social housing use by large PRPs.
• The average net rent for general needs stock owned by large PRPs was £88.40 per week as of 31 March 2013. This represented a 6.3% increase from 2012. The average gross rent (including any service charges eligible for housing benefit) was £91.67 per week.
• As of 31 March 2013, 1.1% of social rental stock owned by PRPs did not meet the decent homes standard. This was a reduction from the previous year, where 1.9% did not meet the standard.
• A total of 21 for-profit providers submitted an SDR, accounting for 237 of homes owned.
Jonathan Walters, the HCA’s deputy director of strategy and performance, said: “This data is part of our commitment to transparency and fundamental to the Regulator’s role in helping providers and others to understand their operating context and the challenges that they face. The SDR provides important information that we and others will use to better understand the changing nature of the sector.
“The data illustrates that the growth in the sector in 2011/12 has continued into 2012/13.”