NHBC new home registrations rise 25%
Published: 30 September, 2013
New home registrations in the UK have risen by 25% for the year up to and including August, according to new figures by the National House-Building Council (NHBC).
The figures show continued improvement around the country compared to the same period in 2012. In total 90,730 new homes have been registered in the first eight months of 2013, compared to 72,740 last year over this period.
There was a marginal increase in August registrations compared to the same month last year (9,769 in 2013 compared to 9,553 in 2012) but the rolling quarter for June - August 2013 saw a 15% increase from the same three months last year (33,593 in 2013 compared to 29,272 in 2012).
As the warranty and insurance provider for new homes in the UK, NHBC’s monthly registration statistics provide significant insight on the country’s new homes market.
The increase in registrations over the course of the year compared to 2012 can be seen as proof of how various government initiatives, such as the Help To Buy scheme, are helping in the delivery of new homes across the UK.
NHBC commercial director, Richard Tamayo, said: “Our latest statistics continue the pattern we have seen over the course of the year, with new home registration figures showing a noticeable improvement on recent years but still considerably down on pre-economic downturn figures.
“These figures are the highest for this period (January – August) since 2007* which is obviously encouraging news, but illustrates the significant difference in the number of new homes being built six years ago and now.”
*The January – August 2007 registration total was 140,984.