NHBC registrations up 5% in January

Aaron Morby 12 years ago
Share

A surge in activity in London spurred a small national upswing in housing registrations in January.

The latest NHBC figures have been seized on as another indicator of growing optimism among house builders.

Although rolling three-month trend data shows the uplift is largely confined to Greater London with the rest of the country showing flat or declining registrations.

In january the nationwide increase was also driven by an 18% rise in private sector registrations with public sector housing contracting sharply by 16%.

Imtiaz Farookhi, chief executive of NHBC, said: “2011 has got off to a promising start despite the uncertainty that is affecting much of the economy.

“However, it is important to bear in mind that home registrations for 2010 overall were lower than we might have hoped and completions were low as well.

He added: “This month’s figures do offer some consolation that,  despite the raft of conflicting economic data that appeared in January,  housebuilders’ attitude to new development was robust and they remain committed to recovery.

“At this stage in the year it is extremely hard to assess the future performance of the house building sector but it is telling that registrations increased even while we await important decisions on planning, public sector cuts and interest rates that will have profound effects on the market.”

The rolling three-month trend figures now show registrations up 3% to 25,022, compared to the same period last year.

The three-month regional breakdown shows that registrations in greater London jumped from 2,514 last year to 4,649 this year.

The eastern region also showed a small rise with all other areas down or flat.

Latest news

RSK buys Scottish M&E specialist WGM Engineering

£45m turnover Glasgow contractor employs 365 mechanical, electrical, and civil engineering staff
6 hours ago

Caddick acquires assets from failed facade specialist

Deal to save Speedpanel operation from Speedclad ensures continuity on projects
7 hours ago

Cladding and roofing specialist falls £9m into red

Lindner Prater runs into loss after remedial works needed on a major job
12 hours ago

Ellmer propels growth at Byrne Group

Concrete specialist Byrne impacted by project start delays
13 hours ago

Kobelco suspends plant sales over engine scandal

Manufacturer stops selling some excavators and crawler cranes over emissions fear
13 hours ago

Watkin Jones sounds profit warning

Higher borrowing costs for buyers starting to hit sale prices and margins
12 hours ago

First nuclear fusion plant to be built in Nottinghamshire

£2bn-plus fusion energy plant to be built at West Burton coal power station site.
1 day ago

Peel sets up suburban build-to-rent developer

New Letta arm aims to build 1,000 private rental homes in the North West
12 hours ago

Wates Pre-Construction Director joins rival Real

Matt Smith joins ambitious contractor and developer
1 day ago

L&G modular homes amassed loss deepens to £174m

Modular arm suffers sixth successive loss but books first revenue of £12m
2 days ago

Chancellor does U-turn on top rate tax cut

Plan to abolish 45p top rate a "distraction" from Growth Plan
1 day ago

O’Connor Utilities buys fibre optic installer

Leeds-based telecoms contractor InICT employs over 110 staff
1 day ago

Thompsons claims UK biggest blow down at Redcar

100,000t steelmaking plant demolished using 1.6 tonnes of explosive
2 days ago

Costain and Mott MacDonald win £60m Stonehenge deal

New team in to oversee construction once scheme gets planning green light
2 days ago

Brickability buys ET Clay Products for £11.6m

Construction materials distributor acquires brick supply specialist
2 days ago

BAM accelerates net zero target to 2026

UK operations set more ambitious carbon target than Royal BAM Group
2 days ago

Seven metre roof fall from “makeshift” access system

Contractor fined £80,000 after employee fell through fragile roof
2 days ago

Self-employed labour rates hit record high

Average weekly pay tops £1,000 in London, the South East and East of England.
4 days ago

Network Rail chief takes finance reins at Skanska

Meliha Duymaz is new Chief Financial Officer
5 days ago

Construction Manager of the Year crowned

Kier's Joe O’Connell lands top prize. Full list of winners
5 days ago

Hochtief starts pulling down Welsh pylons

Construction starts on National Grid project
4 days ago

Kier wins London life sciences job

Contractor lands innovative landmark lab development at ARC West London
4 days ago

Social housing bidding opens for £1.5bn energy retrofit cash

First upgrades of social housing stock could start from early next year
5 days ago

Construction arm propels Mace to record profit

Revenue expected to top £2bn this year despite project delays
6 days ago

Fire destroys conveyor belt at Silvertown Tunnel site

Forty firefighters battle blaze at huge London site
6 days ago

Plan for £58m Bristol pharma R&D facility approved

Willmott Dixon in line to build the R&D facility at Bristol & Bath Science Park
5 days ago

Bond Street Elizabeth line station to open next month

Final station on delayed line will welcome passengers in October
5 days ago

Sisk fixes price on £227m Quintain flats job

Quintain signs single-largest contract so far at Wembley Park
6 days ago

Green light for St Helens town centre revamp

English Cities Fund to start phase 1 next April
6 days ago

Rising costs tip William Hare to £3.6m loss

Specialist contractor falls into the red despite near 60% revenue rise to £220m
1 week ago

Contractor services