According to new figures released by the the Homes and Communities Agency, there has been a doubling in the supply of affordable homes.
The statistics, which cover the period 1 April to 30 September 2013, show that of the 12,569 homes started 9,970 were for affordable rent or sale – an increase of over 200 per cent on the same period last year.
In addition, Affordable Rent completions increased by 325% compared to same period last year while 2,576 market homes were completed, an increase of 10%. The 5,375 homes completed through Help to Buy demonstrate the impact of this new programme in helping people into home ownership and stimulating demand.
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