This year has witnessed the highest half-yearly total of new homes registered since 2008, according to the National House-Building Council's latest registration statistics, suggesting that the UK housebuilding industry is continuing to recover.
There were 67,422 new homes registered between January 2013 and the end of June, with figures for Q2 revealing a 38% increase in registrations for the period April – June compared to the same period last year (35,683 in 2013 compared to 25,798 in 2012).
“Our latest registration statistics show an encouraging broad-based recovery," said Richard Tamayo, NHBC commercial director. "While London remains an engine for growth, we are seeing overall numbers up across the UK with both the private sector (up 23% to 48,817 in January – June 2013 compared to 39,836 in 2012) and the public sector (up 56% to 18,605 compared to 11,960 in the same half-yearly period in 2012) contributing fully to this growth.
“The Chancellor’s announcement last week, in relation to mortgage guarantee guidance to help boost housing supply, shows that the government is maintaining its commitment to help the industry and those looking to buy a new home.
“After a pause in June while builders focused on completions for their full and half years, July registrations are showing clear indications that builders are returning to the challenge of ramping up production and increasing volumes from this current low base.”