Transparency data

Summary report: end of March 2021, accessible version

Published 17 January 2022

Applies to England

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This publication is available at https://www.gov.uk/government/publications/shared-ownership-and-affordable-homes-programme-2016-to-2021-summary/summary-report-end-of-march-2021-accessible-version

Introduction

Homes England is committed to transparency in relation to the programmes it funds, and at the same time to providing information that is useful for key stakeholders.

The following information provides an updated summary of the total Shared Ownership and Affordable Homes Programme 2016 to 2021 (SOAHP 16-21) allocated by Homes England, as at the end of March 2021. The summary includes allocations made through Strategic Partnerships launched in July 2018. This update supersedes the previous update which presented the total programme position as at the end of September 2019.

Summary information is presented in this report for Affordable Rent, Affordable Home Ownership and Social Rent allocations. Further analyses by lead partner, region and by Homes England minimum geography area are provided in accompanying spreadsheets, alongside a list of the 2016 to 2021 SOAHP schemes that have been agreed by Homes England and reached grant confirmation stage by the end of March 2021.

Further information on the Shared Ownership and Affordable Homes Programme 2016 to 2021 is available on GOV.UK.

(Note that this information excludes allocations in London which, since 1 April 2012, has been under the responsibility of the Greater London Authority). The tables below provide a summary of Shared Ownership and Affordable Homes Programme 2016 to 2021 agreed allocations as at the end of March 2021.

Table 1a: SOAHP 2016 to 2021 funding and homes by Government Office Region, excluding Strategic Partnerships (end of March 2021)

Region Funding (£) Affordable Home Ownership homes: grant funded Affordable Home Ownership homes: nil grant Affordable Rent homes: grant funded Affordable Rent homes: nil grant Social Rent: grant funded Social Rent: nil grant Total homes: grant funded Total homes: nil grant
East Midlands 185,274,435 1,947 799 2,892 1,937 266 18 5,105 2,754
East of England 239,490,258 3,078 3,519 1,890 7,896 1,059 5 6,027 11,420
North East 219,520,801 2,061 279 3,916 981 82 10 6,059 1,270
North West 606,646,828 6,842 602 8,741 1,689 983 166 16,566 2,457
South East 275,732,950 4,149 5,45 1,625 10,407 1,262 191 7,036 16,055
South West 227,286,860 3,346 337 1,881 3,391 738 232 5,965 3,960
West Midlands 297,323,405 2,459 396 4,733 1,404 758 40 7,950 1,840
Yorkshire and The Humber 232,505,039 2,312 307 3,659 1,123 226 15 6,197 1,445
Total 2,283,780,576 26,194 11,696 29,337 5,374 5,374 677 60,905 41,201

Table 1b: Strategic Partnership funding and homes by Government Office Region (end of March 2021)

Region Funding (£) Affordable Home Ownership homes Affordable Rent homes Social Rent homes Total homes
East Midlands 182,058,032 1,304 1,815 1,284 4,403
East of England 166,575,039 2,116 705 943 3,764
North East 67,736,495 396 1,347 40 1,783
North West 280,443,189 2,543 4,088 643 7,274
South East 546,352,683 4,719 1,151 3,821 9,691
South West 278,667,743 1,879 1,803 2,017 5,699
West Midlands 237,039,090 1,812 3,363 948 6,123
Yorkshire and the Humber 166,364,592 1,311 2,300 327 3,938
Total 1,925,236,863 16,080 16,572 10,023 42,675

Table 2: Average SOAHP 2016 to 2021 funding per home by Government Office Region (end of March 2021), excluding nil grant homes

Region Affordable Home Ownership Affordable Rent Social rent All Programme average
East Midlands 32,050 38,252 46,050 36,293
East of England 32,736 37,323 64,390 39,736
North East 36,263 35,866 52,850 36,231
North West 32,008 38,117 55,409 36,620
South East 80,304 38,238 56,643 39,189
South West 33,443 36,174 64,151 38,103
West Midlands 30,721 38,808 50,267 37,399
Yorkshire and The Humber 33,919 38,485 58,701 37,519
Total 33,018 37,818 57,580 37,497

Table 3: SOAHP 2016 to 2021 total scheme costs (TSC) and Works Cost by Government Office Region (end of March 2021)

Region TSC (£) Homes TSC per home (£) Works cost (£) Works cost per m2 (£)
East Midlands 1,110,766,264 7,859 141,337 676,702,040 1,206
East of England 3,230,333,711 17,447 185,151 2,016,408,703 1,641
North East 978,976,692 7,329 133,576 546,986,461 987
North West 2,797,849,272 19,023 147,077 1,779,508,915 1,326
South East 4,843,230,670 23,091 209,745 2,898,406,599 1,722
South West 1,738,954,647 9,925 175,210 1,001,337,887 1,383
West Midlands 1,503,480,075 9,790 153,573 917,557,760 1,350
Yorkshire and The Humber 1,072,007,478 7,642 140,278 564,542,696 1,040
Total 17,275,598,809 102,106 169,193 10,401,451,061 1,422

Table 4: Number of SOAHP 2016 to 2021 rural homes (less than 3,000 population) and supported housing/homes for older people by Government Office Region (end of March 2021)

Region Rural homes % of homes Supported Housing/Older People homes % of homes
East Midlands 929 6.7% 590 5.8%
East of England 3,486 25.0% 766 7.5%
North East 694 5.0% 1,136 11.2%
North West 888 6.4% 2,545 25.1%
South East 4,043 29.0% 1,091 10.8%
South West 2,135 15.3% 919 9.1%
West Midlands 1,152 8.3% 1,675 16.5%
Yorkshire and The Humber 634 4.5% 1,426 14.1%
Total 13,961 100.0% 10,148 100.0%

Table 5: Average gross rents as a proportion of market rent (including service charges) by Government Office Region (end of March 2021) for SOAHP 2016 to 2021 rented programme only

Region Average rent (£ per week) Average rent as a % of market rent
East Midlands 121 77%
East of England 152 73%
North East 107 80%
North West 117 78%
South East 176 76%
South West 139 76%
West Midlands 125 78%
Yorkshire and The Humber 125 80%
Total 142 76%
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