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MTVH warns build capacity ‘limited’ without government support as completions drop
G15 landlord to invest record amount in development this year
Metropolitan Thames Valley Housing’s completions have dropped 19% in the first half of the year.
The 56,000-home housing association, in a trading update said it completed 236 homes in the six months to 30 September, down on the 293 completed in the same period last year.
The G15 landlord said it expects to deliver around 569 homes in 2024/25 as a whole, which would be a drop of 36% from last year’s figure of 892.
The fall comes as MTVH continues to increase the amount it is spending on development.
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