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New home applications continue to rise

The latest statistics from NHBC show the sixth rolling quarter on quarter rise in applications to start new homes in the UK.

New home applications continue to rise

During the three months June to August 2009 NHBC received 24,246 applications to build new homes in the UK, an increase of 2.5 per cent on the previous rolling quarter.

Around half of the regions across the UK showed an improvement, with the North East reporting 16 per cent more registrations than the same period last year, compared with the period May to July 2009 when figures were 24 per cent less than in the same period of 2008.

Similarly, figures in Wales reveal 18 per cent more registrations during the three months to August 2009 (639) in comparison with the same period last year (540). With 3,182 new builds registered for the three months June to August 2009, Greater London was 29 per cent lower than the same period last year (4,512).

Public sector figures for the three months to the end of August totalled 8,975 -14 per cent lower than the same period a year ago (10,432).

The average number of daily sales of new homes in the UK recorded by NHBC during June to August 2009 was 342 – 25 per cent lower than the same period a year ago (458).

About Fiona Russell-Horne

Fiona Russell-Horne
Group Managing Editor across the BMJ portfolio.

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