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TODAY'S OTHER NEWS

New home registrations fall 9% in just one year

The number of new homes registered to be built in the UK during July was nine per cent lower than a year ago, according to the latest NHBC registration figures.

Some 14,262 new homes were registered in July 2019, compared to 15,719 a year ago. 

Of those, 10,398 new homes were registered for the private sector (11,877 in 2018), and 3,864 in the affordable and rental sector (3,842 in 2018).

Although down on last July, this year’s total for the month is still above the average seen over recent years.

For the rolling quarter between May and July, 44,163 new homes (30,584 private sector; 13,579 affordable and rental) were registered compared to 43,199 in 2018 - an increase of two per cent.

The upturn in London continues with 6,513 registrations over the last three months: this is a full 21 per cent more than were registered a year ago.

The East of England (up 26 per cent) and the West Midlands (up 21 per cent) also enjoyed buoyant quarters.

NHBC chief executive Steve Wood says: “Although new home registrations for July are down compared to 12 months ago, we are still seeing signs of growth coming through with the rolling quarter. Despite the uncertainties and concerns around Brexit, the industry remains resilient and you can see that in these figures.”

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