New home registrations soar to 10-year high

Aaron Morby 5 years ago
Share

The pace of house building is finally showing signs of cranking up a gear with new home registrations for the first quarter of 2017 hitting a 10-year high.

Homes starts take off in first quarter
Homes starts take off in first quarter

Nearly 42,500 new homes were registered in the UK by NHBC in the first three months of the year.

This represent a 17% jump on last year with both private and social housing showing strong growth.

Private sector homes were up 10% at 31,197 units, while affordable home registration jumped 40% to 11,273 new homes compared to last year.

For the first time in seven years all 12 regions across the UK enjoyed growth in registrations, when compared to the same period 12 months ago.

The North East (+39%), London (+38%) and Eastern (+31%) were among the regions with the most notable growth.

NHBC registrations by region
Country/Region Q1 2017 Q1 2016
North East 1,567 1,131
North West 3,751 3,714
Yorkshire & the Humber 2,516 1,889
West Midlands 3,541 3,428
East Midlands 3,671 3,113
Eastern 4,671 3,576
South West 4,241 4,057
Greater London 6,690 4,845
South East 6,467 5,858
Totals for England 37,115 31,611
Scotland – Councils 3,292 3,021
Wales – Unitary Authorities 1,302 1,069
Northern Ireland – Counties 761 650
     
Total for UK 42,470 36,351

 

But new home statistics for the financial year to April were more subdued due mainly to the slowdown in London over 2016.

For the year 2016/17 new homes registered rose 4% to 157,898 with new home completions up 5% to 145,282.

NHBC Managing Director Neil Jefferson said: “These figures, with growth across the entire country, are clearly encouraging for the sector, at a time when there is considerable demand for new, high-quality homes.”

 

Latest news

WSP to buy consultant RPS Group for £591m

5,000 staff at Oxfordshire based firm to join WSP
51 mins ago

M&E specialist Spie UK arm returns to profit

French parent group launches a strategic review of UK operations after performance stabilises
34 mins ago

Site boss fined for locking out safety inspectors

Police called to enter site before fire fighters rescue workers stranded on roof
25 mins ago

Plans in for 600 homes at London Aylesbury estate

Notting Hill Genesis aims to start work next year on phase 2 of Southwark estate rebuild
34 mins ago

Tide gets green light for UK’s tallest modular tower

Volumetric specialist to build 48-storey student skyscraper at Canary Wharf
2 days ago

TopHat cuts losses and aims for profit in three years

Modular specialist investing for future as latest results show £19.4m loss
23 hours ago

Story Contracting names next chief executive

Andy Joy to be promoted to CEO as Jason Butterwork becomes vice chairman
22 hours ago

Stalled £100m North London build-to-rent tower to start

Essential Living commits to start Swiss Cottage scheme six years after planning OK'd
1 day ago

Bidding starts for Pagabo £1bn medium works deal

Extra small project lot added in framework renewal
24 hours ago

Vital funding deal for £50m A38 Midlands upgrade

Work could start early next year on A38 BREP now out to tender
23 hours ago

Graham wins £16m National Railway Museum job

Firm seals pre-construction deal as new museum Central Hall gets planning green light
24 hours ago

Demolition starts on half-built £48m Taylor Wimpey flats

Furious local residents blast house builder over "unbearable" noise
4 days ago

Civils contractor fined £600k after boy dies in drainage pipe

Workers find seven-year-old who suffocated on housing site
5 days ago

Plan for trio of towers at old Yorkshire Post site

Galliford Try advises on construction plan for Leeds student and build to rent towers
4 days ago

Insolvency to rival inflation as project cost threat

Inflationary pressures likely to peak this year before easing in 2023, but supply chain stress is growing.
4 days ago

B+K starts £300m Sheffield West Bar scheme

Funding deal triggers start on major mixed-use scheme
4 days ago

Willmott Dixon bags £44m Passivhaus leisure centre

Private builder prepares to start Staines-upon-Thames complex
4 days ago

Go-ahead for £160m Cambridge mixed-use scheme

Devonshire Gardens will consist of 70 private rental flats and 120,000 sq ft of offices
4 days ago

Construction buyers report first drop in output for 18 months

Civil engineering worst performing sector
5 days ago

Construction and infra margins hit 3.2% at Morgan Sindall

Contractor picking deals carefully as inflation continues to bite
5 days ago

Morrisroe Group revenue tops £200m

Pre-tax profit halves to £2.7m as cost inflation bites
5 days ago

Kier to start new £400m ‘smart’ prison this autumn

At least 50 ex-offenders will help build new HMP Full Sutton
6 days ago

Former P&R Morson staff to launch legal claim

Former staff of failed Midlands M&E specialist consult with lawyers following administration
5 days ago

Eight firms win big north west MMC housing deal

JV North consortium plans to build 4,000 homes by 2026
5 days ago

Balfour to replace Ringway Jacobs on £176m Bucks highways deal

Balfour to start new eight-year maintenance contract in 2023
5 days ago

O’Keefe suppliers owed £13m despite Byrne rescue

Unsecured creditors to get less than 2p in the pound for their debts
7 days ago

Taylor Wimpey staff to get £1,000 towards fuel bills

All staff earning below £70,000 will receive a one-off payment
6 days ago

Equans bags Birmingham 300 council homes retrofit pilot

Council homes retrofit trial will test way for ambitious 60,000 homes decarbonisation plan
6 days ago

Van Elle returns to profit after £125m record revenue

Piling contractor restores dividend after work rebound delivers £3.6m profit
6 days ago

Race for places on £2bn housing decarbonising deal

South west central procurement body starts race for places
6 days ago

Contractor services