For the rolling quarter, between June and August, 42,547 new homes were registered compared to 38,296 in 2017 – an increase of 11%. During this period there were 30,738 new homes registered in the private sector (28,660 in 2017: +7%) and 11,809 in the affordable sector (9,636 in 2017: +23%).
In London, a considerable increase in the number of private rental sector developments and large housing association projects during this three month period has contributed to a 145% increase in registrations compared to the same period in 2017.
As the leading warranty and insurance provider for new homes in the UK, NHBC's registration statistics are a lead indicator for the new homes market.
Steve Wood, NHBC Chief Executive ,said: “We continue to see strong numbers in many parts of the UK with a substantial uplift in London, driven by increased activity by housing associations and the continued flow of inward investment on for-sale and private rental developments.
The continuing uncertainties around Brexit and the UK’s economic outlook do not seem sufficient to dent confidence in the new homes market, where NHBC’s focus remains on helping developers to build more, high-quality homes for people across the country.”
