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

Estate Agent Talk

Unmodernised property opportunities dwindle

Jonathan Samuels, CEO of Octane Capital, believes that the shrinking supply of unmodernised property stock is making specialist refurbishment finance more important than ever, as investors increasingly need to move quickly in order to secure the remaining opportunities available. Octane Capital analysed current listings of unmodernised properties across England and compared current stock levels to…
Read More →
Letting Agent Talk

London Marathon route showcases London rental market

Rents range from £1,500 to £6,000 per month The latest research from London lettings and estate agent, Benham and Reeves, has found that the London Marathon route offers a striking snapshot of the capital’s rental market, with average rents ranging from just £1,500 per month at some points of the course, to as much as…
Read More →
Breaking News

Section 21s continue to rise ahead of looming ban

The latest research industry insight from LegalforLandlords Section 21 “no-fault” evictions continued to rise in 2025, increasing by 1.7% following a sharp 20.4% surge the previous year. This sustained growth highlights landlords’ continued reliance on Section 21 notices, raising important questions about how possession will be regained once they are outlawed under the Renters’ Rights Act,…
Read More →
Estate Agent Talk

Rightmove house price data showing a 0.8% month on month increase

Commenting on the latest Rightmove house price data showing a 0.8% month on month increase, Daniel Austin, CEO and co-founder at ASK Partners, said: “Today’s rise in UK house prices points to underlying resilience, but momentum remains constrained by affordability pressures and a ‘higher for longer’ interest rate environment. While recent rate cuts signal easing…
Read More →
Breaking News

Canary Wharf tops the London Marathon route

The latest insight from property management specialist Rushbrook & Rathbone has found that E14 is the strongest postcode along the London Marathon route for landlords looking to invest in the capital’s rental market, delivering an estimated average yield of 6.6%. Rushbrook & Rathbone analysed current asking house prices and rents across postcode districts spanning the London…
Read More →
Breaking News

46% surge in remortgaging activity in Q1

Stonebridge Mortgage Market Index    Overall mortgage activity rose 24.6% in Q1 while applications for home purchase softened Stonebridge today relaunches its Mortgage Market Briefing as a quarterly Mortgage Market Index   The volume of remortgage applications surged 46% in Q1 prompting overall mortgage activity to jump by a quarter, Stonebridge can reveal. The mortgage…
Read More →