New homes registrations on the increase

Shelter forecasts that local authorities will lose billions in revenues from the forced sell off of council homes.
Shelter forecasts that local authorities will lose billions in revenues from the forced sell off of council homes.
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New home registrations in the UK maintained a steady rate of growth throughout November, with similar levels compared to a year ago, according to the latest NHBC figures.In November 11,390 new homes (8,525 private sector; 2,865 public sector) were registered, an increase of four per cent on the same month last year (8,848 private sector; 2,152 public sector).

Over the last three months, 38,577 new homes (30,170 private sector; 8,407 public sector) were registered between September and November compared to 37,634 (30,120 private sector; 7,514 public sector) in 2014, an increase of three per cent.

Commenting on the new registration statistics, NHBC chief executive Mike Quinton said: “New home registrations for the last three months have remained slightly ahead of the same period last year, following the growth we have experienced throughout 2015.

“We hope that this momentum continues into the New Year, as we have been clear that while all growth is encouraging news, the UK is still building way below the volumes of new homes that it desperately needs.”

In the North West, there 3,848 registrations this year, compared to 2,738 last year.

Across England, it was 33,418 this year compared to 31,780 last year.

During September – November 2015, the number of registrations was 38,557, a three per cent increase on last year (37,634). Of these, private sector registrations increased marginally (30,170), compared with the same period last year (30,120).

Public sector registrations increased by 12 per cent (8,407), when they are compared to the same period last year (7,514).