bpha enters Top 25 in UK’s biggest housing association builders.
After our success in last year’s Inside Housing Top 50 Biggest Builders survey, bpha has done even better this year, not content with standing still, we have for the first time, entered the Top 25 of developing housing associations.
Polled by Inside Housing magazine, this annual survey looks at the building activity of the UK’s housing associations over the last year – as well as what they’ve got in the pipeline for the year ahead.
There are many very large housing associations in the top 25 with significant development programmes. L&Q held on to their title of largest HA developer with Orbit in second place. The results show that L&Q built in excess of 2,200 homes last with the majority built for market sale. Orbit built almost 1,800 with a fairly equal split between social rent, affordable rent, and affordable sale properties.
In comparison, bpha placed at number 23, up two spaces from 26th place last year. We built a total of 515 homes; 193 of those were for affordable rent and 191 for shared ownership sale, with the remainder split between social rent and intermediate rent as well as 14 built by Bushmead for private sale.
Claire Bishop, our Head of Development, said: “I’m delighted to see us enter the Top 25 of developing housing associations. It’s always pleasing to see how many new homes you’re delivering in relation to the ‘big players’ such as L&Q. We can be justifiably proud of what we’re achieving to meet housing need in our area of operation – a true bpha team effort. We’re on target to deliver over 500 homes this year and we’re aiming to move up the rankings into the Top 20 when the results are posted in June 2018.”
Overall, the survey reveals there has been a 3.4% drop in the total number of homes completed by the landlords that make up the Top 50, falling from 31,988 in 2015/16 to 30,875 in 2016/17.
However, figures for the pipeline, sector-wide, paint a more positive picture. The Top 50 will – if their projections prove accurate – add 38,005 to the nation’s stock over the next year, up almost 11% on 2016/17’s prediction, and according to information submitted to the survey, sites are secured for 91% of those predictions already.