Number of new homes to be built shoots up 35%

August 29, 2018 / Isla MacFarlane
Number of new homes to be built shoots up 35%

New figures from NHBC have revealed that more than 15,800 new homes were registered to be built in the UK in July, a 35% increase on the same month last year, with registrations in London rocketing 86%.

London’s incredible recovery from its dismal figures last month is partly due to an increase in the number of large housing association and private rental sector developments registered in the capital.

12,087 new homes were registered in the private sector in July 2018 (8,421 in 2017), with 3,782 registered in the affordable sector (3,362 in 2018).

For the rolling quarter, between May and July, 43,600 new homes were registered compared to 39,421 in 2017 – an increase of 11%. During this period there were 31,264 new homes registered in the private sector (28,056 in 2017: +11%) and 12,336 new homes registered in the affordable sector (11,365 in 2017: +9%).

NHBC Chief Executive, Steve Wood, said, “Following a slow start to the year due to the extreme weather, we have had promising new home figures in recent months with July seeing a real uplift.  Over the last three months we have had growth in new home registrations in eight out of 12 UK regions, with London leading the way.

“NHBC continues to support UK builders in delivering high quality new homes for the benefit of consumers.”

NHBC – UK Registrations by Region
England – Regions May 18 – July 18 May 17 – July 17
NORTH EAST 1,476 1,765
NORTH WEST & MERSEYSIDE 4,260 4,723
YORKSHIRE & HUMBERSIDE 2,959 2,422
WEST MIDLANDS 3,859 3,777
EAST MIDLANDS 3,146 3,773
EASTERN 4,866 3,858
SOUTH WEST 4,232 4,047
LONDON 5,289 2,846
SOUTH EAST 6,879 6,215
TOTAL ENGLAND 36,966 33,426
SCOTLAND 3,559 3,528
WALES 1,317 1,435
NORTHERN IRELAND & ISLE OF MAN 1,758 1,032
TOTAL UK 43,600 39,421
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