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Little movement in new home registrations: NHBC

  • 07/02/2019
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Little movement in new home registrations: NHBC
The number of new homes registered to be built by housebuilders across the UK fell slightly in 2018 compared to the previous year.

That’s according to the latest data from the National House-Building Council (NHBC), which found that overall developers registered 159,617 new homes with the organisation, a 0.5% fall from the year before.

It reported that completions for the year increased slightly from 147,552 in 2017 to 149,480.

Eight of the 12 months of the year saw an increase in registrations on an annual basis, including seven straight months of growth. The final quarter of the year showed a 2% year-on-year increase in new home registrations.

There were significant regional variations however. While Northern Ireland and Yorkshire & Humberside saw large increases, at 39% and 20% respectively, new home registrations in the capital crashed by 10% over the year.

Steve Wood, chief executive of the NHBC, said the full-year figures were a demonstration of “the resilience of the UK house-building industry.”

He added: “2018 has been a demanding year, with the extreme weather conditions in the early part and the continuing political and economic uncertainties, which are extending into 2019.”

Wood also said that the government’s target of delivering 300,000 new homes a year in England by the middle of the next decade will not be possible unless there is a greater adoption of prefab construction.

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