New home registrations see 25% rise in 2021🆕🏡

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New home registrations see 25% rise in 2021🆕🏡

NHBC’s new UK home registrations reached 153,339 in 2021 - a 25% rise against the previous year, with those for the private sector increasing 42% on 2020 to 114,477.

However, in the affordable and build to rent sector, registrations fell 8% to 38,862. NHBC said this was partly due to housing association’s capital budgets being diverted to addressing safety remediation on existing housing stock.

The data also showed an increase in new home completions in 2021, up 21% to 139,333. To continue reading, please Click Here

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