The
issue of new housebuilding in the UK stirs strong emotions. Many believe their
local areas are turning into construction zones, with too many homes being
built, disrupting the character of towns and villages.
But
is this perception grounded in reality?
The
Labour government, which came into power in the summer of 2024, has set a bold
target: 300,000 homes built annually for the next five years, amounting to 1.5
million new homes by the end of their tenure. This figure sounds ambitious - and
perhaps a touch optimistic - when you consider that, as a nation, we've
averaged only 170,000 to 180,000 homes per year over the last two decades.
The Numbers: Starts,
Completions, and Context
In
the past 12 months, the number of new homes started and completed across the UK
has fallen significantly short of the Labour government's target. For instance:
- Housing
starts: 134,570
- Housing
completions: 158,420
These
figures reveal a startling truth: we are building far fewer homes than we need,
even as the housing crisis deepens. To meet the government's goal, we must
build 10.71 homes annually per 1,000 existing homes.
Surely, We Are Building Enough New Homes in Northampton?
Despite
concerns about overdevelopment, the data tells a different story. The UK is not
building anywhere near enough homes to meet the needs of its growing
population. Even independent studies show we must deliver at least 300,000
homes annually to address decades of undersupply and support demographic
changes, such as longer life expectancies and smaller household sizes.
Many
people say we don’t have the space to build these homes, but would it surprise
you that only 1.2% of England and Wales is built on with residential homes? If
we were to add Scotland to that number, that percentage would tumble even
further.
Many
people in Northampton feel the town has become a building site. However, the
statistics show we're falling behind, not exceeding, the levels required to
maintain a healthy housing market. The visible developments often mask the fact
that we are still underperforming nationally.
So,
let’s look at the stats for locality:
There are 184,166 homes in West
Northamptonshire, and 1,230 new homes were built last year.
So,
the number of West Northamptonshire homes built per 1,000 existing homes over
the past year is 6.68, far below the benchmark required to start to alleviate
housing shortages.
Who’s Building These Homes?
When
breaking down the data, it’s clear that new builds are heavily skewed towards
the private sector:
- Private
sector: 75.2%
- Housing
associations: 24.8%
- Our
Local Authority: 0%
While
private developers dominate the market, the contribution from housing
associations has been modest. However, the local authority's lack of building
homes is frankly quite disappointing. This is a critical point: without a
greater push from the public sector, especially our local authority, the
affordable housing shortfall will persist.
Why Aren’t We Building Enough
Homes in the UK?
There
are several reasons for the gap between aspirations and reality:
- Planning
bottlenecks: Many developments are held up by protracted planning
processes and local opposition.
- Land
availability: A lack of suitable land - often tied up in greenbelts or
agricultural use - limits where homes can be built.
- Labour
and material shortages: Post-pandemic and post-Brexit, the
construction industry is struggling with a lack of skilled workers and
rising material costs.
- Resistance
to change: Local opposition to new developments is a significant
barrier. Concerns over infrastructure, congestion, and the loss of green
spaces often dominate public discourse.
The Local Impact
For
homeowners in Northampton, the lack of sufficient new builds has real
consequences. A restricted supply of homes contributes to higher prices and
limited options for buyers and renters. For those looking to move, the
challenge isn't just finding a buyer but finding and securing their next home.
I
understand these frustrations as someone deeply involved in the local Northampton
property market. It's not just about the numbers but how they affect people's
lives. I encourage anyone curious about what these trends mean for their
property journey - whether they're looking to sell, buy, or understand the
market better - to reach out. There’s no obligation; I’m here to help guide and
support you with the knowledge I’ve gained from years in the industry.
The Way Forward
To
address the housing crisis, we need a balanced approach:
- Empowering
all local authorities and housing associations to build more
affordable homes.
- Streamlining
the West Northamptonshire planning system to reduce delays and create
certainty for developers.
- Engaging
communities to find common ground between development and preserving
local character.
- Supporting
sustainable building practices to ensure new developments meet the
needs of both current and future generations.
Building
300,000 homes a year is a steep climb, but it’s one we must tackle head-on if
we are to meet the needs of future generations of Northampton people. The
question is not whether we are building too many homes but whether we are
building enough - and the answer, quite clearly, is no.
I
certainly know if we are building these extra homes in Northampton, the
infrastructure alongside these new homes needs to rise as well, like new
schools and extra capacity at our hospitals.
I'd
be delighted to chat if you'd like to discuss how these issues impact the local
Northampton property market - or your own housing plans. Feel free to give me a
call or drop me a message. Together, we can navigate the challenges of the
housing market with confidence and clarity.