industry news 5 NHBC
Private home registrations climb as growth continues
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HBC figures show that registrations for UK private new homes climbed 17 per cent during the rolling quarter of
March to May of this year against the equivalent period of 2014. Private registrations totalled 33,046 during the three month period, continuing the general trend
AFFORDABLE HOUSING
Affordable homes top 260,000 mark
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ew figures released by the Housing Minister, Brandon Lewis revealed that more than 260,000 affordable homes
have been delivered since April 2010. The Minister hailed the efforts and said work
had already started on delivering a further 275,000 homes with £38 billion public and pri- vate investment for the Affordable Homes Programme in the next five years. The Affordable Homes Programme includes
social rented homes, affordable rented homes and affordable home ownership schemes, and is a key part of the government’s long-term eco- nomic plan. The figures show that nearly 60,000 affordable
homes were delivered in the last year alone, which is a rise of 63 per cent on the previous year. This means the government’s 2011 to 2015 Affordable Homes Programme has exceeded
ONE NATION
Prime Minister and Chancellor announce ‘one nation’ plans to spread homeownership across the country
clear that this ‘one nation’ government is squarely on the side of working people who want to get on and enjoy the benefits of home ownership. The plans, which will form part of the Housing Bill to be introduced this autumn,
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he Prime Minister and Chancellor have set out plans to accelerate housing build- ing over the next five years – making
include steps to build discounted homes for first time buyers on all reasonable sized developments, unlock public land for hundreds of thousands of new homes and back small builders with planning changes. Plus, in a direct message to opponents of
reform, the Prime Minister and Chancellor have made clear that they are determined to reward
hard work across society and help people into their own homes – and will press ahead with plans to give housing association tenants the chance to buy their own home, benefitting from a discount of up to 70 per cent when they do so. To read full details of the outlined plans, visit
www.hbdonline.co.uk and enter the reference number 37945.
respond online at
www.hbdonline.co.uk
expectations, delivering nearly 186,000 affordable homes since April 2011. This is 16,000 more than originally planned. In total, government figures show that 263,600 affordable homes have been delivered since April 2010, providing a real boost to fami- lies across the country. Announcing the good news Brandon Lewis
said: “This government is determined to ensure anyone who works hard and aspires to own their own home should have the opportunity to turn their dream into a reality. “Our affordable housebuilding efforts
are exceeding our ambitions and delivering more than 260,000 affordable homes. It’s a boost to families across the country, providing them with new quality homes that are available at an affordable rent or to buy through our shared ownership scheme.
“This is real progress but we know there is
more to do. That’s why £38 billion of public and private investment will be made available over the next five years to deliver 275,000 extra affordable homes – the fastest rate of delivery for 20 years.”
of registrations outperforming the levels of last year. Public sector registrations climbed 9 per cent during the quarter to 10,941 against 2014. In total, 43,987 new homes were registered over the period, up 15 per cent on last year. According to the NHBC in May alone registrations grew 9 per cent on May 2014 to
total 14,392 new homes. This consisted of 11,162 private sector homes, which is up from May 2014’s 10,198 and 3,230 public sector homes against last year’s 2,996. NHBC CEO, Mike Quinton said: “So far in
2015 we have seen new home registrations remain consistently ahead of 2014 levels, which is clearly encouraging news for the industry. “There have also been signs that the public and
affordable sector is continuing to improve while the uncertainty predicted by some around the period of the General Election failed to materi- alise, with steady growth a constant feature throughout the year to date.”
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