We have been ranked fourth nationally for the number of social rented homes we provided last year.
The 346 social rented homes we delivered represented 39% of the total number of homes provided by us during the last year, underlining our commitment to providing new affordable rented homes for people across the region.
To put this achievement into context, the top 50 biggest builders in the UK delivered an average of 17% of social rented homes compared to the rest of their tenure completions.
Over the past year, we have built 899 homes across the South West which ranks as the 17th highest number of homes built by a housing association, according to Inside Housing’s Top Biggest Builders 2024 list.
Some 225 of those homes were built using modern methods of construction, which further demonstrates our focus on sustainability.
The 524 rental homes we built last year – 178 for affordable rent and 346 for social rent - represents 58% of our total delivery, making us one of the country’s biggest developers of rental homes.
We were also ranked 14th for our development pipeline which will see a further 1,050 homes built during the current financial year, demonstrating our ongoing commitment to building new affordable homes across the South West.
We also delivered 264 shared ownership homes and 111 for outright sale over the past year.
Owning more than 40,000 homes across the region, we are the 21st largest housing association in the UK.
Russell Baldwinson, our Executive Director of Development, said: “Our primary focus is on the delivery of new affordable housing for rent.
“So it is fantastic to be ranked in the top five nationally for social rent when you take into account the demand for affordable housing in the South West where there is a huge disparity between incomes and average house prices.
“Building more affordable rented homes helps to create communities where more families have a safe home in a place where they’re proud to live.
“We are committed to a long-term plan for housing delivery, with new social homes at the centre of our development strategy.
“As the largest housing association in the South West, we have a clear role to play in the delivery of new affordable housing and to be recognised as one of the biggest builders of social housing in the country supports this ambition.”
The survey revealed that the 50 largest housing associations across the United Kingdom completed just over 42,000 homes.
We are planning to build more than 2,000 homes over the next two years as part of our drive to ease the housing crisis in the South West.
Russell Baldwinson added: “The greatest need in the South West is for low-cost rented housing which underpins our focus on delivering new affordable homes for rent.
“We will continue to play a key role in helping address the shortage of affordable homes in the South West.”