NHBC social housing registrations rebound

Aaron Morby 4 years ago

The number of affordable homes being registered has soared by nearly 120%, according to new figures released by NHBC.

house building old workers theme

In February, the number of affordable homes housebuilders registered jumped from 1,373 in February a year ago to almost 3,000 last month.

The figures show that the UK house building industry in general has also enjoyed a good start to 2013 with all new home registrations up nearly 24% in February compared to the same time last year.

NHBC’s monthly statistics show that 10,538 new homes were registered around the country in February compared with 8,512 the same time a year ago.

The main driver has been the Government’s £2.2bn Affordable Homes Programme, which aims to deliver 170,000 new homes by April 2015.

But the figures also show that current Government schemes such as NewBuy and Funding for Lending are finally helping to boost new house building.

NHBC has welcomed the recent measures in the Budget to provide an additional £225m to support a further 15,000 affordable homes which the country desperately needs by 2015.

Comparing the rolling quarter, the most recent figures up to and including February 2013 show a 21% increase in total registrations.

NHBC Commercial Director Richard Tamayo said: “The big rise in new homes being registered – particularly affordable homes – is very encouraging news for Britain’s house building industry which has been through a very difficult time in recent years.

“The dramatic rise in affordable homes is good news for first time buyers and social housing tenants. However, it is important that quality is not compromised in the rush to build these new houses before the Government’s April 2015 deadline.

“These figures, combined with the boost for housing announced in the Budget, are a welcome shot in the arm for builders up and down the country.”

UK new housing registration Dec-Feb

Screen Shot 2013-03-28 at 10.31.23

Latest news

GRAHAM lands £150m Barnet major works deal

Leisure centre and school sites kick-off five-year partnership
8 hours ago

Manchester 52-floor skyscraper approved

St John's Place tower at former Granada Studios site gets green light
15 hours ago

Lendlease renews site access deal with HRS

Latest monitoring technology to be used at all contractor's sites
8 hours ago

Michelmersh calls end to brick price rises

Increased competition sees prices remain flat
14 hours ago

Pensioner killed at poorly managed roadworks

Tarmac hit with £1.3m safety fine
14 hours ago

Cleveland Bridge recruits large buildings team

Steelwork contractor set sights on large building market
12 hours ago

Murphy signs contract for £25m Blackpool outfall

Work to start on UK's longest and largest diameter outfall in March
14 hours ago

Prater nets roofing deal at Wimbledon No. 1 Court

Contractor will start on cladding package in January
21 hours ago

Construction site gas leak causes chaos at King’s Cross

200 workers evacuated from North London site
1 day ago

£28m Dudley rail centre gets green light

Very Light Rail innovation centre and test-bed track approved
1 day ago

Wates confirms Paul Chandler as new construction boss

Former Skanska chief to take up the reins in January
1 day ago

Betting Spy: Contractors on a roll at awards night

Enquirer awards after party was a long night while favourites can land a 3/1 treble
23 hours ago

£20m road schemes backed for 3,300 south west homes

Quartet of road improvements will unlock 3,300 new homes
1 day ago

Barratt boss arrested in contracts probe

London MD Alastair Baird suspended following major investigation
2 days ago

Laing O’Rourke to start St James Centre £1bn revamp

Demolition of old St James shopping centre in Edinburgh to take 18 months
2 days ago

Link Group names £280m Scottish new build partners

Keepmoat, Cruden, Graham and Esh secure places on central belt framewok
2 days ago

Dormant Scottish Tesco sites get £100m boost

London & Scottish Developments to start construction on ten sites
2 days ago

Civils firms slash carbon emissions in half over six years

Laing O'Rourke, Morgan Sindall and Carillion lead the low CO2 way in infrastructure
2 days ago

Plan unveiled for £48m resi tower in Liverpool

Latest 30-storey build-to-rent tower at Liverpool Waters
2 days ago

Clugston green light for £60m Sheffield IKEA

Project is the largest retail win in the region for Scunthorpe contractor
2 days ago

Travis Perkins to close over 30 branches

Builders' merchant in profit warning to the city
3 days ago

Mace tops September contracts league with London win

£450m One Crown Place project in Shoreditch lifts contractor
3 days ago

Costain tops best-paid Network Rail supplier rankings

Network Rail spending with Costain soars 75% to £377m
3 days ago

CH2M boss Roy Hill to lead HS2 construction

Consultant boss steps in while search continues to replace Simon Kirby
3 days ago

Search starts for construction’s best photographer

Enter your best pics now for Art of Building competition
3 days ago

Top Ten winners celebrate construction success

Industry enjoys top night out at inaugural Construction Enquirer awards
3 days ago

Bidding to start for £80m Nottingham shopping centre revamp

£80m Broadmarsh shopping centre expansion comes out to bid
3 days ago

Bouygues UK drops Thomas Vale brand

Dozen staff laid off as Midlands offices consolidated into new Birmingham base
4 days ago

Benniman bags first phase of £120m business park

Main construction to start this month on 90 acre Worcester site
3 days ago

Galliford Try confirmed for £68m Newcastle student village

Construction due due start shortly on Newcastle Uni student village
3 days ago