Local authorities are encouraged to acquire vacant/derelict properties to be upgraded as new, value-for-money social homes via the Buy & Renew Scheme. Since it was introduced in 2016, in excess of 900 properties have been delivered under this arrangement. The table below shows the breakdown of such units delivered on an annual basis since 2016.
Alongside the acquisition and upgrade as new social homes of existing properties in need of refurbishment, in recent years an increasing number of local authorities are tackling more substantial projects involving vacant and derelict properties. This allows for local authorities to tackle dereliction where substantial construction work is involved and to produce further new social homes. This work is tackled alongside a local authority's programme of construction on green field sites. Together with Buy & Renew acquisitions, it creates opportunities for local authorities to respond to more significant dereliction in town centres, thereby supporting the Governments Town Centre First Policy.
Year
|
No. of SH Units
|
2016
|
5
|
2017
|
144
|
2018
|
268
|
2019
|
200
|
2020
|
118
|
2021
|
57
|
2022
|
74
|
2023
|
57
|
Totals
|
923
|