Housing registrations plummet 12%
Fresh data has revealed a 12 per cent fall in the number of new homes registered in 2012 compared to last year
Year-to-date figures from the NHBC show a drop in the number of new homes being registered from 101,600 homes in 2011 to 89,600 in 2012.
The statistics followed Deputy Prime Minister Nick Clegg’s announcement that the government would pump £225 million into the lagging sector and unlock 50,000 homes on stalled sites.
NHBC Commercial Director Richard Tamayo said: ‘Our figures show there remains a clear deficit in the number of new homes being built in the UK compared to last year.
‘However, we are greatly encouraged by the government’s recent commitment to back the industry and provide new funding, particularly to unlock almost 50,000 homes on stalled sites. It is an ambitious, but very necessary proposal and we look forward to seeing how it develops in the New Year.’
Between August and October this year, the South East saw most housebuilding with 4,638 registrations followed by Greater London with 3,701 registrations. Scotland saw 1,980 new homes registered and Wales 1,041.
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