Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»North-South divide: Social housing challenges more severe in Northern England, research reveals
    Property

    North-South divide: Social housing challenges more severe in Northern England, research reveals

    August 18, 20243 Mins Read


    Concerns are growing about whether the government can ensure that affordable housing is built in the regions where it is most needed, particularly in the north of England.

    The newly elected Labour government has set an ambitious target to build 1.5 million homes within the next five years to address the country’s severe housing shortage. To achieve this, the government has made several commitments, including prioritising brownfield sites, permitting development on the “grey belt,” and increasing the focus on social housing.

    But concerns are growing about whether the government can ensure that affordable housing is built in the regions where it is most needed, particularly in the north of England.

    The UK’s social housing stock has been in decline for decades. Since 1991, the country has lost 24,000 social housing units annually, forcing many social tenants into the private rental sector. In 2022 alone, 29,000 social housing units were either sold or demolished, while less than 7,000 were built to replace them.

    Research by planning consultants Marrons indicates that if current trends continue, social housing stock in northern local authorities will decrease by an additional 30 percent by 2040, compared to southern regions. The research shows that of the 20 local authorities projected to witness the most significant loss of social housing, seven are in Greater London, while the remaining 13 are in the north of England. Leeds, for example, is expected to lose over 11,000 social homes by 2040.

    In addition to the age and condition of existing social housing contributing to its decline, the Right to Buy scheme, implemented by Margaret Thatcher’s government in 1980, has significantly reduced the stock. In the North, purchasing social homes is generally more accessible due to lower house-price-to-income ratios compared to the South. As Dan Usher, economics director at Marrons, notes in Property Week: “When Right to Buy figures are added to those of stock that has been demolished, it quickly becomes clear that a huge property deficit has formed.”

    The Right to Buy scheme has faced criticism from politicians. In the lead-up to the general election, Greater Manchester Mayor Andy Burnham called for the scheme to be abolished in Greater Manchester.

    After years of stagnation and uncertainty, Usher notes that the housing sector is closely monitoring the government’s plans to address the social housing crisis. He points out that what was noticeably absent from a recent speech by Chancellor Rachel Reeves were promises of substantial funding and resources.

    “There was an allusion to supporting planning authorities, with the promise of training 300 new planning officers. However, this is unlikely to have the desired impact, due to the resource black hole facing many councils across the UK,” said Usher.

    The economics director is urging the government, local authorities, and developers to work together to ensure the new, ambitious targets are achieved, and says a regional, data-led approach is essential.

    “From directing resources to struggling planning authorities to ensuring that regions receive the correct housing types, identifying and catering to regional differences is imperative to fixing the housing crisis,” he concluded.




    To reach hundreds of thousands of new readers and to make the biggest impact we can in the next general election, we need to grow our donor base substantially.


    That’s why in 2024, we are seeking to generate 150 additional regular donors to support Left Foot Forward’s work.

    We still need another 117 people to donate to hit the target. You can help. Donate today.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Japanese knotweed spreading ‘extensively’ in seaside town water front as locals warn it ‘could devalue property’

    Property

    St Dogmaels among the best UK villages to invest in

    Property

    Avoid cyber fraud with these tips

    Property

    Inside story of the ‘well off’ teacher and pop star accused of squatting in a $2million home – and how it CAN be done… with Bill the property developer laughing all the way to the bank

    Property

    Location-based property search platform launches

    Property

    Property owners respond to PSEG’s allegations of threats, request for US Marshals’ help

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Commodities

    DOE proposes AI to accelerate energy research

    Hawk Tuah girl explains what happened when crypto scandal ‘cleaned out savings’ – Celebrity

    Commodities

    Renewable energy is intermittent, says Lincolnshire councillor

    Editors Picks

    La municipalité de la région de l’Est met fin aux contrats de stationnement conclus avec Batic Investments and Logistics Unit -Le 06 mars 2025 à 16:47

    March 6, 2025

    Namibia: IMF Advises Namibia to Prioritize Payment System Improvements Over Digital Currency

    February 25, 2025

    FAO welcomes the adoption of the Rome Declaration on Water Scarcity in Agriculture

    October 17, 2024

    Arizona Corporation Commission urges congress to exempt utilities from EPA hazardous waste costs

    August 21, 2024
    What's Hot

    Beating the index with a Canadian equity fund requires some deft handling by Mackenzie Investments’ William Aldridge

    May 26, 2025

    les fondamentaux de l’or restent bons

    September 4, 2007

    Un nouveau coup d’arrêt annoncé à la mine d’uranium Langer Heinrich en Namibie

    March 21, 2025
    Our Picks

    FioBit’s 2025 Dogecoin Cloud Mining Guide: Securely Invest in DOGE Without Hardware Using Trusted Cryptocurrency Mining Providers

    May 29, 2025

    The Top 100 Agricultural Technology Leaders in the World

    March 28, 2025

    Popular paint colour could knock £15k off your home’s value

    August 24, 2024
    Weekly Top

    How I structure investment property loans for maximum tax perks

    August 23, 2025

    How to get the Gold Beanstalk in Grow a Garden

    August 23, 2025

    Metal Gear Solid Delta Should Have Followed Silent Hill 2’s Lead

    August 23, 2025
    Editor's Pick

    The ‘megafarm’ that is part of the UK’s agricultural future

    May 20, 2025

    Attorney General Urges Congress to Regulate Cryptocurrency

    April 10, 2025

    World’s wealthy ‘leaving London’ claims Garrington

    April 22, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.