New figures from
NHBC have revealed that more than 15,800 new homes were registered to be built
in the UK in July, a 35% increase on the same month last year.
12,087 new homes
were registered in the private sector in July 2018 (8,421 in 2017), with 3,782
registered in the affordable sector (3,362 in 2018).
For the rolling
quarter, between May and July, 43,600 new homes were registered compared to
39,421 in 2017 - an increase of 11%. During this period there were 31,264 new
homes registered in the private sector (28,056 in 2017: +11%) and 12,336 new
homes registered in the affordable sector (11,365 in 2017: +9%).
Over this period,
London experienced an 86% increase in registrations, partly due to an increase
in the number of large housing association and private rental sector
developments registered in the capital.
As the leading
warranty and insurance provider for new homes in the UK, NHBC's registration
statistics are a lead indicator for the new homes market.
Commenting on the
July figures, NHBC Chief Executive Steve Wood said: "Following a slow
start to the year due to the extreme weather, we have had promising new home
figures in recent months with July seeing a real uplift. Over the last three
months we have had growth in new home registrations in eight out of 12 UK
regions, with London leading the way.
"NHBC continues
to support UK builders in delivering high quality new homes for the benefit of
consumers."
The number of NHBC
new home registrations was 43,600 compared to 39,421 a year ago, of these:
31,264 were registered in the private sector, compared to 28,056 in the
previous year; and 12,336 were registered in the affordable sector, compared to
11,365 in the previous year.
