Registrations continue to outperform 2014 levels - NHBC

Source: www.house-builder.co.uk

Both private and public registrations for new homes across the UK rose in the rolling quarter of February to April 2015 against the same period last year, with total registrations continuing to surpass the strong levels of 2014, according to NHBC.

Private sector registrations increased 24% during the period to 31,083 against February to April 2014. Those for the public sector lifted 8% to 10,224. The combined total meant a 20% rise in registrations to 41,307 homes against February to April last year. These strong figures follow the robust growth of Q1 2015, NHBC said.

During April of this year, total registrations rose 4% to 12,459 on April 2014, with the private sector seeing registrations increase from 8,955 in April last year to 9,268 in 2015. NHBC recorded a rise for the public sector to 3,191 this April from the 3,030 recorded in April last year.

NHBC's chief executive Mike Quinton said: "The very positive start to the year continues, with the growth in new home registrations unaffected by uncertainty ahead of the General Election, and so 2015 is likely to be another strong year.

"Now that the outcome of the general election has been decided, we look forward to continuing our work with government to ensure that housing remains at the top of the political agenda to help us get back to pre-recession building levels."