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New UK homes registered to be built hits 13-year high
New figures from the National House Building Council have revealed that 1.4 million new homes have been registered to be built in the past decade.
The homes statistics indicate that the number of new homes registered to be built per annum in the UK has risen by more than 80 per cent over the last decade, with the figures representing the first complete decade since the financial crash in 2007/08.
In 2019, 161,022 homes were registered with NHBC, an 81 per cent increase on the 88,849 homes registered in 2009. Over the same period, the West Midlands (169 per cent) and North West (148 per cent) have seen the highest percentage increase of new homes registered.
Compared to 2018, the number of homes registered in 2019 was up one per cent, with growth predominantly driven by London, where new home registrations increased by 37 our cent. Both the capital’s affordable and rental (+42 per cent) and private housing markets (+33 per cent) performing strongly.
Steve Wood, NHBC chief executive, said: “It is great to see the resilience of house builders over the 2019 year. This momentum needs to be maintained as we enter a new decade, with the industry ever-more focused on quality and fire safety. At NHBC we remain committed to our purpose of giving homeowners confidence in the quality of the nation’s new homes and working with house builders as the industry faces into the skills, supply chain and environmental challenges in front of us.”
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