Swindon & Wiltshire Business News


Housing association builds record number of affordable homes across South West

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Barry HughesBarry HughesTrowbridge-based housing association Selwood built a 254 affordable homes during 2017/18 – a record in its 10 years of trading.

Forty three percent (11 units) were built in Wiltshire, 113 in Somerset, and 31 in Bath and North East Somerset.

Barry Hughes, Selwood Housing Group chief executive said: “As a housing association we understand the difficulties many people face in finding affordable homes in the south west, especially with the cost of privately renting a home increasing.

"Selwood Housing’s 254 new homes, at full occupancy, will support over 870 people who couldn’t afford to privately rent or purchase a home.”

According to the National Housing Federation’s Home Truths Report, the average cost of renting in the South West is now over £700 a month, with many family homes costing much more.

This equates to around 36 percent of local incomes; a high percentage for people on low incomes.

According to the National Housing Federation’s Home Truths Report, housing associations built 26 percent of new homes in England in 2017/18.

“Housing associations play a vital role providing quality, affordable homes," said Barry.

"We are looking to build a further 1,000 homes over five years, providing more affordable homes in a sustained way, working with local communities.”