New home registrations remain stable in the second quarter of 2017 according to NHBC

August 10, 2017
nhbc

NHBC Q2 2017 statistics, released yesterday 9th August 2017 headlined ‘Latest new home registrations in line with 2016, reports NHBC’.

The number of registrations was 40,343, a 1% decrease on last year (40,810). Of these:

Private sector registrations in Q2 2017 decreased by 7% (29,123), compared with the same period in 2016 (31,381).

Affordable sector registrations in Q2 2017 increased by 19% (11,220) when compared with the same period in 2016 (9,429).

The continued rise in the affordable sector can be attributed to a number of larger Housing Associations developing homes for market rent, private sale and shared ownership along with a rise in joint ventures with the private sector.

Commenting on the latest new home statistics, NHBC Business Development Director Neil Jefferson said: “New home registrations have remained stable in the second quarter of this year, with some areas of the UK seeing significant increases in registration volumes.

“With demand for housing as strong as ever, the growth seen in the affordable sector is particularly encouraging.”

Read the NHBC Q2 2017 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

Letting Agent Talk

Dispelling the top five biggest letting agent myths

By Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is…
Read More →
bank of england interest rate
Breaking News

Bank of England Holds Interest Rates at 3.75%

Colleen Babcock, property expert at Rightmove says: “There’s stability for now as the Bank of England holds its Base Rate as widely expected. We’ve seen average mortgage rates increase over the last few weeks as geopolitical tensions have escalated, and the average two-year fixed rate is currently coming it at 5.11%. For broader context, this…
Read More →
New Builds 2020
Breaking News

Average new-build value to surpass £400,000

The latest research from UK Property Development has found that the average price of a new-build home in England is on course to exceed £400,000 by 2027, having risen steadily over the last decade alongside sustained growth across the wider British market. The research analysed average new-build house price data across Great Britain and its…
Read More →
Breaking News

Money and Credit – June 2026

These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals increased to £7.7 billion in June, from £3.3 billion in…
Read More →
Breaking News

Price of a sea-view home up 27% since 2019

The average asking price for a home with a sea-view in Great Britain is £298,810, up from £235,635 in 2019 (+27%) Average sea-view asking prices have risen by more than 50% since 2019 in both the East Midlands and Yorkshire & The Humber The South East remains the most expensive region for a sea-view home…
Read More →
Breaking News

14.6% fewer farms in England

The latest analysis by LandSale has found that the number of agricultural holdings in England has fallen by 14.6% since 2005, highlighting the continued restructuring of the farming sector as some landowners exit the industry and others consolidate their operations. LandSale analysed the latest UK Government agricultural holdings data, comparing the number of total holdings and…
Read More →