New homes market bouyant reports NHBC

October 30, 2015

New home registration statistics for the UK fell marginally by 2% during Q3 when compared to the same period last year, according to new figures released yesterday by NHBC.

Housing Industry experts attribute the drop in  public sector registrations to the fact that many housing associations are holding back on developments in light of welfare reforms and the cap on rental increases.

The new statistics  show that London reported a 25% rise in the number of new homes registered during Q3.

Commenting on the new registration statistics, NHBC Chief Executive Mike Quinton said: “Despite the marginal drop in housing registrations this quarter, 2015 is still promising to be a strong year for new housing growth in the UK. Our year-to-date figures show that registrations in both the private and public sector are ahead of last year.

“The industry remains upbeat and is working hard to build the number of homes our country so desperately needs, despite the pressures associated with rapid growth.”

Full report with statistics visit: http://www.nhbc.co.uk/NewsandComment/Name,61914,en.html

 

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.

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