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NHBC’s New Build Registration Figures
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Steve Lees, Director at SmartNewHomes, comments on the NHBC’s new build registration figures:

“The latest NHBC data paints a more positive picture of the new homes market. An 11% increase in new home registrations in Q2, compared to the same period last year, is certainly encouraging. As we approach the quieter summer period we are optimistic that the wide range of developer deals and incentives, as well as the government’s newly launched FirstBuy scheme, will help sustain industry activity.

"However, there is still a vast gap between the number of new homes being built and the number needed to make up the massive shortfall between supply and demand in the UK, and until mortgage finance and the supply of land for development improves, the situation is unlikely to improve drastically."

See Also:   (371), (19), (5), (3), (7), (3), (1)

Date Published: 29 July 2011

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