Platform Housing Group has scaled back its housebuilding and energy efficiency targets due to the current economic climate.

The 46,000-home housing association, in its annual financial statement for 2021/22 today, revealed it is now aiming to increase development from the 1,174 homes it built in 2021/22 to a ‘steady’ 1,600 a year by 2025. It had originally been planning to complete more than 2,000 homes in 2023/24.

It is also now aiming to bring all its properties up to energy performance certificate C by 2030, rather than 2028 as originally planned.