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Commenting on today's Budget statement from Chancellor of the Exchequer George Osborne, NHBC's Chief Executive Mike Quinton, said:

"We welcome today's announcement which places the house building industry at the heart of the Budget.

"Although our statistics show that new home registration numbers went up by 28% in 2013 compared to the previous year, it is vital to recognise that the recovery is from a low base and numbers remain well below pre-recession levels.

"The Chancellor's announcement to extend the Help to Buy scheme, which has already given the sector a welcome boost, until the end of the decade will give tens of thousands of people the opportunity to own their brand new home.

"Help to Buy has given the UK house building industry a shot in the arm. The extension now provides much-needed certainty and confidence for it to plan for the future."

Media contacts at NHBC

James Hall  on 01908 746 738

News Date: 19/03/14