Spotlight: The Savills

Housing Sector Survey 

The Savills Housing Sector Survey 2017
Change is in the air

27 June 2017, by Lucian Cook

Our report, in association with Social Housing Magazine, portrays a sector undergoing significant change, but one that has plenty of ambition

The best laid plans go to waste. When we set out to survey housing associations, it was with a view to monitoring the evolution of the sector as the policies espoused in the Housing White Paper bedded in during the run-up to a general election in 2020.

Just as the respondents to our survey tipped over the magic 100 mark, a snap general election was called, prompting another bout of political uncertainty. More pertinently, the housing minister behind the drive to broaden housing policy lost his seat.

 

These events raise the question of whether we will see the political momentum on housing maintained. However, the experience of the past year or two should leave us in no doubt that housing has moved up the political agenda. All parties appear to acknowledge that, to a greater or lesser degree, there is a housing crisis. More than that, there appears to be widespread acceptance that the housing sector has a key role to play in addressing it.

Despite being buoyed by Help to Buy, private housebuilders have a finite capacity to deliver more homes. The Housing White Paper acknowledges the need for new supply to come from a much wider range of sources and to be delivered across a wider range of tenures.

The manifestos of both main political parties contained commitments to deliver more sub-market housing, albeit in different guises. Of course, there are challenges, not least around funding and finance in a world with restricted grant. But, assuming the new housing minister is given sufficient power, our inaugural Housing Sector Survey comes at a pivotal moment for the sector. It also means we have good reason to be grateful to the 104 chief executives and senior board members of housing associations who answered some of the big questions of the day.

Their responses form the backbone of this report, which portrays a sector undergoing significant change, but one with plenty of ambition.

For those of you who want a snapshot of our conclusions, see '10 take-outs'. For those who like to explore the finer detail, the following pages will make for thought-provoking reading.


 
Survey respondents

Articles from 'Spotlight: The Savills Housing Sector Survey 2017'

Fresh foundations

27 June 2017

Fresh foundations

Every year, more than 70,000 new households are excluded from the housing market. Only increased delivery across a range of tenures can meet need and improve affordability

Meeting future needs

27 June 2017

Meeting future needs

Strong social roots ensure that housing vulnerable households remains a priority for housing associations. But developing housing in the open market has an increasing part to play in financially supporting the sector’s core purpose

Expanding horizons

27 June 2017

Expanding horizons

To deliver their development aspirations, housing associations face challenges over finances and land. We chart some of the financial obstacles, and highlight what can be learned from the private sector when it comes to buying land

Unlocking future delivery

It’s not necessarily more money that’s needed to boost housing associations’ share of delivery, it’s what money that’s important

10 take-outs

27 June 2017

10 take-outs

This year’s Savills Housing Sector Survey presents a detailed overview of the issues and actions required. Here are our 10 key points that define how future delivery can be improved

 
 

Receive the latest research

Key contacts

Lucian Cook

Lucian Cook

Director
Residential Research

Savills Margaret Street

+44 (0) 20 7016 3837

 

Chris Buckle

Chris Buckle

Director
Residential Research

Savills Margaret Street

+44 (0) 207 016 3881

 

Nick Gregori

Nick Gregori

Associate
Residential Research

Savills Margaret Street

+44 (0) 207 409 5907