More than 160,000 new homes were registered to be built in the UK
last year, an increase of 6% on 2016, according to NHBC’s latest
new home statistics.
160,606 homes were registered throughout the course of
2017, up from the 152,017 the previous year and the highest since
the pre-recession levels of a decade ago.
The private sector grew by 3% with 118,825 new homes
registered, with the affordable sector increasing by 14% to
41,781 – the highest yearly total for the sector since NHBC
electronic records began 30 years ago.
New home completions also increased by 4% from 141,685 in
2016 to 147,278 last year.
Nine out of 12 UK regions experienced an increase in
registrations, with the East Midlands (+19% ;14,481), Wales
(+19%; 5,470) and North West (+12%; 16,947) among the areas which
saw noticeable growth.
Figures for London showed the rate of new homes being
registered was slightly up on 2016, with 17,850 units
compared to 17,587 the previous year, the first increase
year-on-year in the capital since 2014.
As the leading warranty and insurance provider for new
homes in the UK, NHBC's registration statistics are a lead
indicator of the UK’s new homes market.
Commenting on the new home registrations statistics for
2017, NHBC Chief Executive Steve Wood said: “Our figures show the
market has delivered strong growth resulting in the highest new
home figures for a decade and growth across the majority of the
UK, including London for the first time since 2014.
“Looking ahead, NHBC will continue to work with the
industry to help raise the standards of new homes. With 6%
growth in the quantity of new home registrations, the focus on
delivering quality for consumers remains
critical.”
ENDS
Notes to Editors
-
During 2017, the number of NHBC new home registrations
was 160,606 compared to 152,017 in 2016.
-
118,825 were registered in the private sector,
compared to 115,375 in the previous year.
-
41,781 were registered in the affordable sector,
compared to 36,642 in the previous year.
-
Full regional breakdown of total new homes registered for
2017 compared to 2016.
|
NHBC - UK Registrations by
Region
|
|
England - Regions
|
2017
|
2016
|
|
NORTH EAST
|
6,605
|
6,170
|
|
NORTH WEST & MERSEYSIDE
|
16,947
|
15,144
|
|
YORKSHIRE & HUMBERSIDE
|
9,376
|
9,691
|
|
WEST MIDLANDS
|
14,962
|
13,216
|
|
EAST MIDLANDS
|
14,481
|
12,197
|
|
EASTERN
|
17,319
|
15,923
|
|
SOUTH WEST
|
15,143
|
16,500
|
|
LONDON
|
17,850
|
17,587
|
|
SOUTH EAST
|
26,142
|
26,147
|
|
TOTAL ENGLAND
|
138,825
|
132,575
|
|
SCOTLAND
|
12,785
|
11,574
|
|
WALES
|
5,470
|
4,613
|
|
NORTHERN IRELAND & ISLE OF MAN
|
3,526
|
3,255
|
|
TOTAL UK
|
160,606
|
152,017
|
-
Registrations refer to
the process of a builder registering a new plot/home to be
built in the coming months or weeks, to be covered by NHBC’s
ten-year Buildmark
warranty. Completions refer to when a
new home is completed as indicated by NHBC inspectors.
-
Changes can occur between figures published at different
times owing to changes in policies and cancellations.
-
NHBC is the leading warranty and insurance provider for
new homes in the UK. NHBC's ten-year Buildmark warranty covers
around 80 per cent of new homes built in the UK, having covered
nearly eight million homes since it began and currently
protecting around 1.5 million homes. NHBC is a non-profit
distributing organisation with no shareholders.
