Partners will receive grant funding to help deliver social and affordable homes across England outside London.
Among the largest allocations, Orbit Group Limited will receive £350m to deliver 3,335 homes, while Vistry Homes Limited has secured £350m to build 3,028 homes. Onward Homes Limited is set to deliver 3,000 homes with £345.1m in funding, and Clarion Housing Association Limited will receive £350m to provide 2,977 homes.
Other major recipients include Torus62 Limited, which will deliver 2,865 homes with £349.9m in grant funding; Platform Housing Group Limited, which will provide 2,800 homes backed by £350m; and Sage Homes RP Limited, which will deliver 2,772 homes with £350m of support.
The funding allocations were awarded in line with government priorities and are intended to maximise both housing delivery and value for money from public investment.
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New home stock needed
William Coe, mortgage broker at Cleerly Limited, said: “I think this is going to be a great move.
“The housing market is in need of new stock. With a growing population, many see homeownership as aspirational and out of reach. Due to dwindling properties on the market, people are continuing to rent or live with family.”
Savills found that 63% of first-time buyers relied on living at home to save for a deposit in 2025. Coe asked: “Who will be able to access ‘affordable housing’? Is it just first-time buyers?
“Being able to afford the mortgage on a property is only half the story. Many buyers will not have the funds required for deposits.”
Coe continued: “While this is a good step forward, more thought should be given to schemes that will help homebuyers fill this gap – such as a Help to Buy replacement or wider access to shared ownership schemes.
“Similarly, there will need to be safeguards to ensure that these properties are being purchased by those who genuinely need them. It would be an issue if landlords were buying many of the properties only to rent them out to those waiting to access affordable housing.”
Once-in-a-generation opportunity
Amy Rees, chief executive of Homes England, said: “The strong demand for SAHP funding demonstrates the sector’s ambition to deliver as part of this once-in-a-generation opportunity to come together, alongside partners funded through the programme’s alternative Continuous Market Engagement (CME) route, to deliver thousands of social and affordable homes for people, families and communities across England.
“Our team is absolutely focused on working in close collaboration with our partners alongside regional leaders, mayors and the sector to deliver on government policy and ensure this investment supports the creation of high-quality homes and thriving places that people want and need.”
Julian Francis, director of external affairs at the Royal Institution of Chartered Surveyors (RICS), said: “Delivering homes at scale requires not only funding but also sufficient professional skills and expertise across planning, valuation, development, construction, and asset management.
“As more responsibility for housing investment is devolved to local leaders and authorities, it is crucial that funding is matched by robust capacity.”