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Sat September 28 2024

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Scotland reports 15% increase in housing supply

24 Sep 19 More than 22,000 homes have been made available in Scotland in the past year – almost 3,000 more than the previous year - but there are fears that a 'no deal' Brexit could hamper further growth.

Kevin Steward has welcomed the latest housing figures
Kevin Steward has welcomed the latest housing figures

Housing minister Kevin Stewart has welcomed the 15% increase in the supply of new housing but has warned about the potentially damaging impact of a 鈥榥o deal鈥 Brexit.

鈥淧rivate house builders are particularly vulnerable to the implications of Brexit," he said. "Construction material imports to the United Kingdom from European Union member states accounted for more than 60% of the total value of construction material imports to the United Kingdom in 2018. In addition, more than 7,000 EU nationals were employed in the Scottish construction sector in 2017. A 鈥榥o deal鈥 Brexit poses significant risks to builders鈥 supply chains and the construction workforce in Scotland. Housing is yet another example of the deep damage that could be done to Scotland by a 鈥榥o-deal鈥 Brexit.鈥

The latest figures represent the sixth consecutive annual increase in the total housing supply and the highest annual figure since 2008-09. For the first time since 1980, local authority housing stock has also increased.

The total new housing supply in Scotland - new builds, refurbishments and conversions - increased by 15% in 2018-19, to 22,273 new housing units, or 2,953 more homes than the previous year.

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Housing association new builds increased by 1,041 homes (33%) and private-led new builds increased by 2,679 homes (21%), whilst local authority new builds decreased by 51 homes (3%), refurbishments decreased by 642 homes (67%) and net conversions decreased by 74 homes (10%).

However, at 31 March 2018, there were 315,625 local authority dwellings in Scotland, an increase of 1,192 units (0.4%) from the previous year, and the first annual increase in local authority stock seen in this time series since 1980.

In 2018-19, 21,292 new build homes were completed in Scotland, an increase of 3,669 homes (21%) on the 17,623 completions in the previous year, the sixth consecutive annual increase and the highest annual number of completions since 2007-08. During the same time-period the number of homes started increased by 3,160 homes (16%) from 19,604 to 22,764.

In 2018-19, there were 9,554 units completed through all Affordable Housing Supply Programme (AHSP) activity, an increase of 994 units (12%) on the previous year. Approvals decreased by 547 units (5%) in the latest year to 11,130 in 2018-19, and starts increased by 303 units (3%) to reach 10,872. 聽

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