Hyde has undershot its target for delivering social housing in 2021/22, building three-quarters of its targeted amount.

The 48,000-home housing association, in its annual financial statement for the year to 31 March, revealed it built 281 homes for social rent in 2021/22, missing its target of 379.

It said: “Our social rent handovers were lower than 2020/21, owing to the timing of completions in our development programme, combined with some handover delays resulting from labour and contractor shortages towards the end of the financial year”.