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Housing registrations plummet 12%

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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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Readers' comments (1)

  • Fewer ‘ugly’ new homes perhaps? The problem with the ‘ugly’ issue is not in the design, it is in the procurement, tenure and brief. With the necessary raising of sustainability standards the issues of cost, quality and time are going to become even more challenging. All the ingredients of the solution to the housing shortfall and impending crisis are being lined up reasonably well by the current government but in a drip feed fashion. A key part of the solution is build-to-let. Pension funds have billions to invest for long term returns; therefore our design briefs will inherently have whole life cycle costing embedded within them rather than a short term view that arguably spec build developers have (for valid economic reasons). This will lead to prioritising good, durable and sustainable design which will need to maximise opportunities for renewables whilst minimising energy consumption. Buildings will inherently be more future proof because it will be in the interest of the landlord for them to be so. This means that we all have to accept that home ownership, at least for now, may no longer be the norm for the most people. A change in the way we view the housing market in the UK is what is required and It will take time for people to come round to the idea. The stigma of renting rather than home ownership needs to be washed aside for the benefit of all. In this day and age is seems fitting to shed antiquated ideas of Englishmen and castles and let what you do and who you are be a measure of your success rather than where you live and if you own your home.

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