While the pandemic and subsequent economic aftershocks have disrupted many households and industries over the last three years, the UK’s construction sector was particularly hard hit.
Many building sites were shut down during lockdowns. As sites reopened progress was delayed by widespread material and workforce shortages. This in turn pushed up prices – a trend that has been further fuelled by rising inflation and the wider cost of living crisis.
Yet despite all these very significant challenges, we've kept our development programme moving ahead. There have been issues with some contractors stopping work – understandably – and some sadly going out of business. These have led to some delays, switching suppliers and one or two issues with unfinished schemes – but work to resolve these is forging ahead.
In response to all this, we had to reduce our development targets but thankfully things are now taking a definite up-turn. We completed 144 new homes during the year – a good result in challenging times. We’re now on track to deliver over 1,200 new homes by 2027 with more schemes in the pipeline.
We’re pleased to have been able to achieve all of this against a difficult background and are really thankful for the support of our many development partners and our own hard working team members.
Find out more about our progress in development during the year by reading about some of our most recent schemes below.
This year we...
Built more new homes.
98 were for social or affordable rent, 31 were for shared ownership and 15 were for Rent to Buy.
Made customers happy with their new homes.
Customer satisfaction with our new homes is high.
Built more energy efficient homes.
All our new homes were built to be warmer and retain heat better.