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‘Critical point’ for housing industry as fall in new home registrations recorded
🇬🇧 United Kingdom · Society · Wales · 1 d ago
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26.10 00:01 UTC
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With affordability pressures continuing to weigh on demand and supply-side barriers constraining delivery, private sector registrations fell by 8% to reach 18,359, compared with 20,054 a year earlier, the NHBC said.
The NHBC has a 70%-plus share of the UK warranty and insurance market for new build homes, and its figures indicate the stock of new properties in the pipeline as homes are registered with it before being built.
“The Budget is an important opportunity to make progress on both sides of the equation.
Daniel Pearce, chief strategy officer at the NHBC, said: “The housing industry is at a critical point.
‘Critical point’ for housing industry amid fall in new home registrations The National House Building Council is calling for government support The number of new homes started in the third quarter of this year fell by five per cent across Scotland, new figures show, as industry leaders across the UK
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