New home registrations highest in 11 years

NHBC, the leading warranty and insurance provider for new homes, have reported that during the third quarter of 2018, there have been 43,500 new home registrations from UK builders. This is the highest number since 2007, when 49,520 new homes were registered. This is an increase of 5,638 (15%) compared to the same quarter last year, with London contributing 6,007 new homes, up 141% compared to last year. 

NHBC Chief Executive Steve Wood said: “The upturn in registrations over recent months is good news for the industry and shows that there remains a strong demand for high quality new homes in many parts of the UK. 

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