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Housing Today
Trusted media brand of the Chartered Institute of Housing
For-profit providers could own 150,000 homes by 2030, says Savills
Research suggests more than a quarter of homes owned by for-profit providers will be for social rent within five years
For-profit registered providers (FPRP) could own as many as 150,000 homes within five years, according to research.
Savills’ survey of FPRPs shows for-profits now own at least 43,100 affordable homes and have ambitions to reach 150,000 by 2030. There are currently 80 FPRPs with 11 newly registered providers in the past year. Ownership is concentrated among a small number of larger players with L&G, Sage and Heylo owning 72% of FPRP stock.
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