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Huge public investment in more social housing

13 June 2025 Uncategorised

The heavily trailed Spending Review by Chancellor Rachel Reeves has put investment in housing at the centre of its agenda. So in addition to predicted spending increases on the NHS, defence, education and transport, there will also be…

  • £39 billion spent on new social homes over the next decade;
  • More power for councils and housing associations to increase social rents; and
  • Further incentives for private housing developers to build more social homes.

The amount spent on social housing will rise to almost twice that of 2022 and is described by government as being an essential part of its aim to get 1.5m new homes built in England by the end of this parliament, in mid-2029.

East of Exe and West of Exe
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