The third and final release of the Statistical Data Return (SDR) 2018-2019 published today (10 October 2019) by the Regulator of Social Housing shows that 96% of social housing stock in the sector is owned by large providers (those with more than a 1,000 homes).
Private registered providers of social housing with 1,000 or more homes represented 18.5% of the total number of PRPs in 2019. The vast majority (81.5%) own fewer than 1,000 homes and make up 4% of the sector’s stock.
Other findings include:
The majority of large providers (85.3%) are in group structures and between them, own 91.9% of the entire sector’s stock.
The number of low cost rental and low cost home ownership properties held by for profit organisations has more than doubled to stand at 5,342 out of a total sector stock of nearly 2.8m.
Demand for the sector’s stock remains strong with a void rate for general needs homes at 31st March 2019 of just 1.3%
Fiona MacGregor, Chief Executive of RSH, said:
This final release, which includes all of this year’s SDR data, as well as briefing notes, accompanying information and an expanded range of look-up tools is intended to allow easier access and interrogation of the SDR data at PRP and geographic levels. We hope that the new format, additional tools and timely phased releases are more accessible and useful for our stakeholders and we welcome feedback on how we can make any further improvements.
This year’s first two SDR releases were published on 19 September and 26 September. The changes follow a call for user views between May and July 2019 about proposals to make the publication of the data more timely and more accessible. All three releases are now available on the RSH website.
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Notes to editors
The Regulator’s Statistical Data Returns are available on the RSH website.
A total of 1,409 providers completed this year’s Return – there was an overall response rate of 96% for the 2018-19 SDR, while 100% of large registered providers who own 1,000 or more units/ bedspaces (including Affordable Rent units) completed the return.
The response to the Call for user views on the SDR was published in August 2019.
Figures do not include non-social housing units built by unregistered entities within PRP groups, which are outside the scope of the SDR.
RSH promotes a viable, efficient and well-governed social housing sector able to deliver homes that meet a range of needs. It does this by undertaking robust economic regulation focusing on governance, financial viability and value for money that maintains lender confidence and protects the taxpayer. It also sets consumer standards and may take action if these standards are breached and there is a significant risk of serious detriment to tenants or potential tenants. For more information visit the RSH website.