Growth in registrations in both private and affordable sector says NHBC

nhbc

According to the latest NHBC home registration statistics, more than 42,000 new homes were registered in the UK by NHBC in the first three months of this year.

In Q1 2017 the number of registrations was 42,470, a 17% increase on last year (36,351). Of these: Private sector registrations in 2017 increased by 10% (31,197), compared with the same period in 2016 (28,278). Affordable sector registrations in 2017 increased by 40% (11,273) when compared to 2016 (8,073).

Commenting on the latest new home statistics, NHBC Managing Director Neil Jefferson said: “These figures, with growth across the entire country, are clearly encouraging for the sector, at a time when there is considerable demand for new, high-quality homes.

“This growth in Registrations, in both the private and affordable sector, is welcome news and will result in more newly built homes across the UK over the coming months.”

Read the NHBC home registration statistics report in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Essential Tips for Homeowners: Making Room for a Quick Sale

Selling a home can often feel overwhelming, especially when time is of the essence. However, strategies that make your space inviting and functional can capture the attention of potential buyers and expedite a sale. The right preparation can significantly influence how quickly your home finds a new owner. Here are some essential tips to help…
Read More
Breaking News

Breaking Property News 25/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X. New Workplace Utilization Index reveals APAC workplace utilization skyrocketed, UK retains global utilization leadership Press Release MELBOURNE, Australia & NEW YORK, [November 25, 2024]: Employees and executives aren’t just imagining it–most workplaces are much more alive than they were a year ago. Global workplace utilization…
Read More
Breaking News

Freehold and Leasehold Reform Act-lessees can control their own destiny

Matthew Pennycock, Minister of State for Housing and Planning, has made a Parliamentary Statement regarding the future progress of the Freehold and Leasehold Reform Act 2024. The Government have formally recognised the “significant complexity of the task” and that the legislation was rushed in at the end of the last parliament and as a result…
Read More
Rightmove logo
Breaking News

Rightmove’s weekly mortgage tracker 22/11/24

The current average asking price of a typical first-time buyer property is £225,340. For someone taking out an average five-year fixed, 85% LTV mortgage, the average monthly mortgage repayment on this type of home is now £1,104 per month if repaying over 25 years, compared with £1,138 per month a year ago (when the average first-time buyer property asking price was…
Read More
Estate Agent Talk

The Architecture Of Attention Behind Social Media Addiction

In the digital age, social media platforms have revolutionized how we connect, share, and consume information. Behind their sleek interfaces lies a sophisticated architecture of persuasive technology.  These platforms employ intricate design patterns and technical elements to capture and hold user attention. From subtle visual cues to complex algorithmic systems, every feature serves a calculated…
Read More
Breaking News

2025 Predictions for the Private Rental Sector

Allison Thompson, National Lettings Managing Director, Leaders Romans Group (LRG) “As we approach 2025, the lettings industry is entering a phase marked by stabilisation and opportunity. Rental inflation has slowed to an average of 3-4% for new lets, reflecting the effects of affordability constraints; renters’ budgets are beginning to limit how much rents can rise.…
Read More