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NHBC new home registrations continue to soar

New home registration statistics for the UK, released today by NHBC, show that the number of new homes being registered continues to improve on last year's figures with an overall 24% increase for the rolling quarter August to October compared to the same period in 2012.

NHBC registered 32,716 new homes during this period compared to 26,440 last year. In October alone 12,682 homes were registered (9,666 in the private sector; 3,016 in the public sector), resulting in a 31% increase on last October's overall total of 9,680.

As the leading warranty and insurance provider for new homes in the UK, NHBC's monthly registration statistics provide significant insight on the country's new homes market.

Commenting on the latest registration figures, NHBC Commercial Director Richard Tamayo, said: "Throughout 2013 we have seen a sustained increase in registrations compared to last year, with this year set to produce the largest number of new homes since 2007.

"There is little doubt that Government schemes, such as Help to Buy, have contributed to the growth seen throughout 2013, whilst Labour's announcement last week shows that the housing deficit across the UK remains high on the agenda from a political perspective. However, many independent commentators feel that although the target to build 200,000 new homes a year is ambitious, it may still not be enough to meet the growing housing needs of the population."

NHBC UK statistics for August - October 2013 show that:

For the rolling quarter August - October 2013 the number of registrations was 32,716, a 24% increase on the same period last year (26,440). Of these:

  • Private sector registrations in August - October 2013 increased by 24% (24,350), compared with the same period in 2012 (19,670).
  • Public sector registrations in August - October 2013 also increased by 24% (8,366) when compared with the same period a year ago (6,770)

 

 

Full regional breakdown of total new homes registered August - October 2013 by region/country:

Region

August - October 2013

August - October 2012

England - Regions

 

 

North East

1,232

974

North West

3,035

2,027

Yorkshire & the Humber

1,666

1,366

West Midlands

3,039

2,294

East Midlands

2,848

1.674

Eastern

3,337

2,862

South West

3,187

3,455

Greater London

5,833

3,701

South East

4,512

4,638

Totals for England

28,689

22,991

Scotland - Councils

2,533

1,980

Wales - Unitary Authorities

988

1,041

Northern Ireland - Counties

504

418

Totals for UK including
Isle of Man

32,716

26,440

NHBC's primary purpose is to help raise standards to protect homeowners. NHBC is an independent non-profit distributing company, reinvesting all resources in further research and work to improve the construction standard of new UK houses for the benefit of homeowners.

NHBC is the leading warranty and insurance provider for new homes in the UK. NHBC's ten-year Buildmark warranty covers around 80 percent of new homes built in the UK, having covered nearly eight million homes since it began and currently protecting around 1.6 million homes. Buildmark has evolved over the years, expanding to cover more areas, offering a greater scope of protection for homeowners.

 

Media contact at NHBC

James Hall, 01908 746 738 or 07435 786851
Nadia Bedra, 01908 746 734 or 07501 226656

News Date: 29/11/13