North West new housing registrations outstrip London

Aaron Morby 7 years ago
Share

The North West is pitched into a housing boom after new figures revealed that new housing registrations in the region have now outstripped London.

New home starts slide across southern England as Midlands and north west grows strongly
New home starts slide across southern England as Midlands and north west grows strongly

Latest NHBC figures for new homes to be built in the 2017/18 financial year reveal that registrations shot up 21% in the north west to just over 18,000, while London saw registration plunge 23% to just below 15,000.

The region has strongly benefited from growth in private flats and build to rent schemes, particularly in Manchester.

London’s fall was entirely down to private new build, which slumped from 12,000 in 2017/16 to around 8,000 this last year. Affordable new homes registrations were stable at around 6,600 units.

London registrations are now broadly in line the west Midlands, east Midlands and south west.

Across the country registrations dipped 2% from 2016/17’s record high for the decade of 157,805. Six out of 12 of the UK regions still maintained growth with the Midlands and North West surging as the south and east of England slid .

With growth in the first three quarters of FY 2017/18, compared to the previous year, 116,451 new homes were registered in the private sector (compared to 117,987 in 2016/17) and 38,247 homes were registered in the affordable sector (compared to 39,818 in 2016/17).

NHBC registrations
Region Total % change YOY Private Affordable
North East 6,466 -2% 5,826 640
North West 18,272 21% 15,206 3,066
Yorkshire & Humberside 9,331 -10% 7,498 1,833
West Midlands 14,587 9% 10,390 4,197
East Midlands 14,314 12% 10,653 3,661
Eastern 16,448 -3% 12,190 4,258
South West 14,122 -15% 10,055 4,067
London 14,795 -23% 8,183 6,612
South East 25,475 -5% 18,700 6,775
England 133,810 -3% 98,701 35,109
Scotland 11,891 1% 10,780 1,111
Wales 5,384 11% 3,951 1,433
Northern Ireland (incl. Isle of Man) 3,613 7% 3,019 594
United Kingdom 154,698 -2% 116,451 38,247

Latest figures revealed a slower start to 2018, with 14% fewer new homes registered in the first three months of the year, compared the same period last year.

Anecdotal reports from some house builders suggest that up to 30 days were lost on site in the first quarter of the year as a direct result of the arctic conditions.

NHBC Chief Executive Steve Wood said: “New home registration figures for the last financial year have reached the second highest level in a decade, despite a challenging start to 2018, with freezing weather conditions affecting building sites up and down the country.

“Business confidence in both the private and affordable sectors remains high with clear routes to continued growth in 2018, and NHBC will continue to help support house builders to build the high quality new homes that people across the UK need.”

Latest news

Winners revealed for £5.4bn electricity grid upgrade

SP Energy Networks unveils 19 winners - full list
23 hours ago

Malaysian property giant to buy 50% stake in JRL

IJM Land to buy into diversified £800m turnover south east contractor
1 day ago

Fast-track skills hubs to train 5,000 extra apprentices

Plan for network of 32 skills hubs to rain construction apprentices in half the time
22 hours ago

Luxury house builder files administration notice

£31m turnover Octagon Developments Ltd lodges court notice
1 day ago

Morgan Sindall takes on £22m stalled ISG Cardiff school job

Workplan is being drawn up ahead of restart on Penarth school
1 day ago

Walker Modular wins bathroom pod deal on student tower

Sealant-free construction method helps supplier dominate student market
1 day ago

Over £600m awarded for decarbonisation projects – full lists

Over 240 public building energy upgrade projects secure cash
2 days ago

Enabling works to start on £130m Huyton town centre regen

Phase one includes a new council HQ, hotel and 72 flats
2 days ago

Ridge buys rival consultant Jubb

Acquisition will see 100 new staff join Ridge
2 days ago

Grainger build to rent pipeline rises to £1.4bn

Rental specialist buys sites in Sheffield and Cardiff to build 600 rental homes
2 days ago

Kier wins Cambridgeshire County council estate upkeep

Firm will provide building and M&E services to 106 buildings across the county
2 days ago

Louvres and solar shading specialist files for administration

Hampshire based ALPS lodges court notice after 25 years in business
2 days ago

Speedy Hire posts a loss in latest results

Hire giant confident of better performance in next six months
2 days ago

Esh to lead next phase of Riverside Sunderland regeneration

Infrastructure work will allow further development of Sheepfolds area
2 days ago

Green light for £1.3bn Edinburgh coastal town revamp

First phase of Granton Waterfront scheme will see Cruden Homes create a new community
3 days ago

Vistry chief operating officer steps down

Earl Sibley exits as his COO role axed for more direct reporting to CEO
3 days ago

House builder Camstead goes into administration

Work stopped on three current sites
4 days ago

Death of piling legend Roger Bullivant

Industry innovator dies after long illness aged 85
3 days ago

ESS Modular went down owing suppliers £7m

Modular specialist owned by ISG owner Cathexis
3 days ago

Builders back farmers in inheritance tax protest

"A rethink is desperately needed" say National Federation of Builders
3 days ago

Willmott Dixon wins £36m leisure centre upgrade

Work to start on historic Westminster 1930s Grade II listed Seymour Centre
3 days ago

Graham wins £100m Cardiff Crossrail phase 1

Work on route to Cardiff Bay to start before end of next year
4 days ago

Laing O’Rourke appoints new European MD

Peter Lyons to take-up new role in February
5 days ago

Profits dip at Stepnell ahead of demerger

Turnover and secured workloads up ahead of restructure
5 days ago

HS2 green bridge deck takes shape

100m-wide wildlife bridge to carry hedgerows and country lane over HS2
4 days ago

1,000-home Wolverhampton city centre scheme in for planning

ECF and council advance City Centre West build to rent scheme
5 days ago

Sisk clinches £54m North London council HQ revamp

Haringey's iconic Grade II listed civic centre to be brought back into use
5 days ago

Ofgem approves £2.5bn Eastern Green Link 1

Work to start next Spring on cable project from Scotland to the north of England
5 days ago

Anglian Water hunts for £1bn delivery partner

Programme delivery partner wil integrate with client team over 15-year plan
5 days ago

Hadden collapse costs supply chain £6.7m

"Highly unlikely" subcontractors will receive anything for their unpaid invoices
5 days ago

Contractor services