14,750 new homes registered in May, reports NHBC

28 June 2018

New figures from NHBC have revealed that 14,753 new homes were registered to be built in the UK during May, 1% up on the May 2017 figure of 14,662.

11,126 new homes were registered in the private sector in May 2018 (10,123 in 2017), with 3,627 registered in the affordable sector (4,539 in 2017).

In the rolling quarter, between March and May 2018, 39,322 new homes were registered compared to 44,900 in 2017. During this period there were 29,049 new homes registered in the private sector (32,259 in 2017) and 10,273 new homes were registered in the affordable sector (12,641 in 2017).

As the leading warranty and insurance provider for new homes in the UK, NHBC's registration statistics are a lead indicator of the UK's new homes market.

Commenting on the latest figures, NHBC Chief Executive Steve Wood said: "Despite the challenging economic climate it is encouraging to see that new home registrations for May were in line with the strong numbers we saw this time last year.

"As ever, NHBC will continue to support builders to deliver high quality new homes for the benefit of residents and buyers."

NHBC UK statistics for March 2018 - May 2018 show that

The number of NHBC new home registrations was 39,322 compared to 44,900 a year ago, of these:

  • 29,049 were registered in the private sector, compared to 32,259 in the previous year.
  • 10,273 were registered in the affordable sector, compared to 12,641 in the previous year.

Full regional breakdown of total new homes registered during this period

NHBC - UK Registrations by Region

 

 

England - Regions

Mar 18 - May 18

Mar 17 - May 17

North East

1,322

1,530

North West & Merseyside

4,798

4,224

Yorkshire & Humberside

2,948

2,778

West Midlands

3,388

4,746

East Midlands

2,923

4,460

Eastern

5,123

4,619

South West

3,503

4,202

London

3,219

5,756

South East

6,691

6,761

Total England

33,915

39,076

Scotland

3,122

3,566

Wales

1,301

1,199

Northern Ireland & Isle of Man

984

1,059

Total UK

39,322

44,900

Registrations refer to the process of a builder registering a new plot/home to be built in the coming months or weeks, to be covered by NHBC’s ten-year Buildmark warranty. Completions refer to when a new home is completed as indicated by NHBC inspectors.

Changes can occur between figures published at different times owing to changes in policies and cancellations.

NHBC is the leading warranty and insurance provider for new homes in the UK. NHBC's ten-year Buildmark warranty covers around 80 per cent of new homes built in the UK, having covered nearly eight million homes since it began and currently protecting around 1.5 million homes. NHBC is a non-profit distributing organisation with no shareholders.