Conservatives Supply More Housing Association Property

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Housing is a big issue when it comes to elections, and it seems the Conservatives are the surprise supplier of most housing association property.

Leading up to the general election in December, new homes specialists, Stone Real Estate, looked at who has delivered the most housing in each region of England during their time in government between the Labour Party and Conservatives based on historic house building records.

They looked at the number of homes started and completed by the Labour Government between 2001 and 2010 and the Conservatives after then between 2010 and 2019 to see who has done the most to combat the housing crisis through the delivery of housing stock.

When it comes to the total number of homes started, the Labour party come out top during their nine-year window, with a total of 1,354,897 homes started to the Conservatives 1,241,137.

They have seen more homes built across the North West, Yorkshire and the Humber, the East and West Midlands, the East of England and the South East, although the Conservatives did start more homes in the North East, London and the South West.

But how many have actually been completed? 

In the last nine years, the Conservatives have completed 1,211,230 homes. However, in the nine years before that, Labour completed 10.4 per cent more homes (1,337,270) across every region of the country.

Somewhat surprisingly though, the vast majority of homes delivered by Labour were to the private sector, a huge 86.7 per cent in fact, with the party outperforming in almost every region of England and the Conservatives only delivering more homes through private enterprise in London during their nine years.

However, in perhaps a surprising reversal of roles, the Conservatives have delivered far more homes to the housing association and local authority sectors in the last nine years, with Labour beating them in just one region on housing association delivery over the nine years previous – London.

Founder and CEO of Stone Real Estate, Michael Stone, commented: ‘Regardless of your political allegiances, what is very clear is that the number of homes being delivered over almost the last decade has slowed compared to the same time period previous. This is despite a growing population and a greater need for housing and this lack of supply to meet demand is pushing up house prices and pushing homeownership even further out of reach for the average homebuyer.’

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