| WWW.THE-LIST.CO.UK |
| REPORTFINDER |
Worldwide Business Information and Market Reports
Telephone +44 1404 891528 Fax +44 1404 891717 Email reportfinder @ tiscali.co.uk

WANT TO BUY THIS? The easiest way is just to ring ReportFinder on +44 (0) 1404 891528 from 0900 to 1930 UK time and ask for Sales.Just one of a HUGE range of titles from publishers such as Aktrin, AMA Research, eMarketer, Key Note, MAPS, MBD, MSI and The Prospect Shop that you can BUY RIGHT NOW online from us. To buy or to browse further, use either of the Back To buttons below to activate our catalogue. If you would like to buy this title, you will find it in alphabetic order in the Index using the first Back To button. If you need further information, please contact us using the details at the top of this page. Please tell your colleagues if you find our site useful!
The concept of Housing Associations evolved primarily in the 19th Century when philanthropists founded charitable trusts to provide homes at affordable rents. Over the last 20 years their role has expanded rapidly, with more than 1 million homes now under Housing Association management.
By 1997, around 5 percent of properties in the UK were under Housing Association management. This figure has risen steadily over the last few years and will continue to rise in the short-medium term. Growth has been based on a combination of transfer of ownership from Local Authorities, Government bodies and private organisations, and more recently by new build activity.
In the early-mid 1990's the volumes of new build properties increased to 35,000-40,000 units per annum and represented around 20 percent of all new housebuilding activity in the UK. Since 1995 the output of new build has fallen to around 30,000 units per annum which currently equates to around 15 percent of new housebuilding activity.
At present there are approximately 2,000 registered Housing Associations in the UK, though most have fewer than 300 homes under management. In England, in 1997 the largest 235 associations each operate with over 2,500 homes in management. In 1995, fewer than 100 associations were managing more than 2,500 dwellings, highlighting the growth in the size of Housing Associations and the increased relative sizes of the largest associations.
The largest associations are North British (38,000), Anchor (30,000) and Home (26,000) who control about 8 percent of the market. Since 1995 they have all achieved good levels of growth with 36 percent, 20 percent and 8 percent increases respectively.
North British are also the largest association in terms of property under development, with more than 3,000 units. Other leading developers include, Fosseway, Hyde, Orbit, Sovereign, Sanctuary and Bromford Carinthia all with more than 1,500 units currently under development. Since 1995, the list of leading developers has changed significantly, with reductions in the numbers of units in development and changes in the associations carrying out large scale development work.
Most associations commit around 75 percent of their budgets to new development, the remainder being spent on refurbishment and maintenance. When specifying materials for new build projects, Housing Associations prefer to choose quality, durable, maintenance-free components to reduce refurbishment and maintenance costs in the longer term.
The specification process for new building projects differs from the private sector in many ways. Performance standards, for example, are different reflecting the special needs of their customer base. Special emphasis is placed on maintenance, heating and ventilation, security, safety and environmental issues. In some cases, standards of building by Housing Associations are being carried over to the private sector.
Levels of Government grants currently average at 56 percent of development expenditure, though the trend has been toward reducing Government support of social housing as a whole. The change of Government looks set to reverse this trend by giving additional funding to Local Authorities to distribute between building and maintenance projects and partnerships with Housing Associations.
Additional political changes affecting Housing Associations will be the formation of the Scottish Parliament and the Welsh Assembly and the democratisation of the Housing Corporation. The medium term future of Housing Associations is secure with continued growth from new building developments and amalgamation of smaller associations with their larger counterparts.
This comprehensive report represents a detailed assessment of the market, reviewing major trends, key factors influencing developments and future prospects for the sector. Analysis is both quantitative and qualitative, based on our substantial experience of the building and home improvement markets.
Text © 1998 AMA Research
Ariadne - working together with our customers to enhance productivity and increase knowledge
© 1999 www.the-list.co.uk Ariadne
Last updated by Duncan Nottage 5th March 1999