26 May 2024, 04:43
By Furniture News May 30, 2013

NHBC’s new home registrations continue to rise

The latest registration figures from warranty and insurance provider for new homes in the UK, NHBC, show that the number of new homes registered across the country remains significantly up compared to corresponding 2012 statistics.

In April alone, 11,484 new homes were registered in the UK, compared to 8238 in April 2012 – an increase of 39%.

In line with the positive Q1 statistics, 2013 continues to show a marked improvement on the number of new homes registered with NHBC, with year-to-date figures 26% higher for the period January to April compared to the same period last year (43,223 in 2013 compared to 34,236 in 2012).

Commenting on the latest statistics, NHBC commercial director Richard Tamayo says: “April’s registration figures, combined with early indications of increased activity in May, build upon the solid volume growth seen in Q1 2013.

“Similar to previous registration figures this year, the upturn can be attributed in part to the Government’s £2.2b Affordable Homes Programme, which, according to Housing Minister Mark Prisk, is on track to deliver the target of 170,000 new homes by 2015.

“We still need to remember, however, in the context of overall new home volumes, that the figures remain significantly below registration levels prior to the economic downturn and the levels the UK urgently requires to meet the needs of its demographic.”

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