London is built on a vibrant mix of people from all walks of life, yet the capital is increasingly unaffordable for many.
That's why we're supporting the G15’s Room to Grow campaign, which shines a light on the real social and economic value created by London’s affordable homes, and the not-for-profit housing associations that provide them.
A series of data-led and research stories will look at:
- how homes get built
- who pays
- how residents benefit
- net zero
- the stigma associated with social homes
- and how Government can help create more room to grow for Londoners, London and the UK as a whole.
Housing associations currently provide 289,000 social rent homes in the capital, each of these homes contributes an average of £23,777 in value annually.
Our first story looks at the financial value created by London’s social homes. The new G15 research, using G15 member Hyde and Sonnet Impact’s respected Value of a Social Tenancy (VoST model), reveals that housing associations currently provide 289,000 social rent homes in the capital, each of these homes contributes an average of £23,777 in value annually, totalling almost £6.9 billion every year. Providing homes for the 323,800 households on London’s social housing waiting list, would inject an additional £7.7 billion a year into London and the UK’s economy.
The research also reveals London’s top ten boroughs for social and economic value.
For more details on the Room To Grow campaign and how housing associations can work in partnership with the Government to address the housing crisis, visit the campaign homepage.
About the G15
We are one of 11 members that currently make up the G15. Together, we own or manage more than 770,000 homes across the country, house around one in ten Londoners, and build more than 10,000 new homes each year.
Together, we are the largest providers of new affordable homes in London and build around 15% of all affordable homes across England. It’s what we were set up to do and what we’re committed to achieving.
We deliver and manage a variety of housing, from below-market rented housing, to homes for shared ownership and private sale for aspiring home owners.
Our news
All Articles![DIY Electrical Repairs W Border (2)](https://www.southernhousing.org.uk/media/glolhhvo/diy-electrical-repairs-w-border.png?width=500&height=290&rnd=133700031471400000)
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- 03 September 2024
- Care
Care and support residents get together for sustainable summer event
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- 28 August 2024
- Announcement
Southern Housing upgraded to highest governance rating by Regulator
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- 07 August 2024
- Publications
Latest ESG report highlights sustainability milestones &future commitments
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- 21 June 2024
Southern Housing boosts local wildlife with swift nest bricks installation in Battle
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- 11 June 2024
- Independent Living
Former London bus conductress, Lillian, celebrates centenary birthday
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- 21 May 2024
Investing in our existing homes: Over £200K awarded to upgrade heat network at Vega Building
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- 03 May 2024
- Support and advice
Ignite fun not fire this weekend – never barbecue on a balcony
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- 23 April 2024
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- 22 April 2024
- Support and advice
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- 19 April 2024
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- 15 April 2024
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- 02 April 2024
- Sustainability
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- 06 February 2024
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- 26 January 2024
- New developments
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- 09 January 2024
- Resident Involvement
Blog: The Resident Scrutiny Panel – our year one journey
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- 09 January 2024
Blog: Listening to and acting upon residents’ feedback to shape our care services
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- 14 December 2023
- Support and advice
The winter issue of your resident magazine, Shine, is here!
![20231204154212608Ios (1)](https://www.southernhousing.org.uk/media/emcmapxl/20231204154212608ios-1.jpg?width=500&height=290&rnd=133474963088700000)
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- 09 November 2023
- New developments
New Life Breathed into Shoreham-by-Sea's Waterfront with Affordable Housing
![Nudge Platform 2](https://www.southernhousing.org.uk/media/npgdp0q3/nudge-platform2.png?width=500&height=290&rnd=133414176158470000)
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- 02 November 2023
- Sustainability
Our Climate Champions Shine Bright on the 2023 Climate Champion shortlist
![Adobestock 256962110Grass Cutting](https://www.southernhousing.org.uk/media/25slg2yl/adobestock256962110grass-cutting.png?width=500&height=290&rnd=133431422308970000)
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- 17 October 2023
- New developments
Grand Avenue Wins Best Shared Ownership Development at Evening Standard New Homes Awards
![Heat Networks Resized](https://www.southernhousing.org.uk/media/wzxhj5u4/heat-networks-resized.png?width=500&height=290&rnd=133416872312030000)
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![Image](https://www.southernhousing.org.uk/media/m0jjulmg/image.jpeg?width=500&height=290&rnd=133348383938930000)
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![Construction Course](https://www.southernhousing.org.uk/media/orfbtzb4/construction-course.jpg?width=500&height=290&rnd=133340879133630000)
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![BBQ](https://www.southernhousing.org.uk/media/ik4ikbht/bbq.png?width=500&height=290&rnd=133312286468430000)
- 14 June 2023
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