Homebuilding increased by 30 per cent, study claims


The amount of new houses being built and registered in the UK has increased by 30 per cent in the final quarter of the year when compared with the same period in 2012, latest results have shown.
The report also found that London remains the leading region in terms of new building registrations, with over 6,000 homes registered in the three-month period.
The latest figures from the National House Building Council have revealed that over 34,000 new homes were registered in the three months leading up to November, compared with just 26,000 in the same three months in 2012.
According to fenlandcitizen.co.uk, as these figures are from the leading warranty and insurance provider for new homes in the UK, they provide a good marker for how the industry as a whole is doing.
NHBC commercial director, Richard Tamayo, told propertywire.com that the figures for new house building in November were particularly strong when compared with years following the financial downturn.
Mr Tamayo said: "As the New Year begins the industry can look back on what has been an overall upbeat year for the sector where we have seen a return of genuine confidence and a welcome contribution from various government schemes such as Help to Buy to the UK's housing volume growth."