Guaranteed Rental Revenue | House building levels in the UK down by 4%, new figures show
http://bit.ly/P2QIkj
House building levels are continuing to fall in the UK and are 4% under this time last yr, in response to the newest figures revealed as we speak (Friday 28 September) by the National House Building Council. In August 2012, the number of new houses registered with NHBC dropped to 9,553 compared with 9,978 in August last yr and taking general yr thus far totals for 2012 to 72,740 purposes, a 15% decrease on the same period in 2011. ‘Viewing new residence registration figures in absolute terms, yr thus far, underlines the actual scale of the challenge dealing with the whole house building business in the intervening time,’ stated Richard Tamayo, NHBC business director. Earlier this month the UK government announced a collection of measures aimed toward supporting the house building business, in its capacity as a key driver for economic progress and these measures are definitely needed, he pointed out. ‘But their success will only be realised by way of a concerted effort by the business and government to ensure they are taken forward. The continued undersupply of latest housing signifies that the UK is missing out on a potential source of much needed economic progress; this obviously needs to be addressed,’ added Tamayo. The NHBC knowledge also exhibits that for the rolling quarter from June to August 2012 the whole number of registrations was 29,272, an 18% decrease on the same period last yr when it was 35,854. Of these personal sector registrations in June to August decreased by 11% compared with the same period in 2011 and public sector registrations decreased by 33%.
http://bit.ly/P2QIkj
House building levels are continuing to fall in the UK and are 4% under this time last yr, in response to the newest figures revealed as we speak (Friday 28 September) by the National House Building Council. In August 2012, the number of new houses registered with NHBC dropped to 9,553 compared with 9,978 in August last yr and taking general yr thus far totals for 2012 to 72,740 purposes, a 15% decrease on the same period in 2011. ‘Viewing new residence registration figures in absolute terms, yr thus far, underlines the actual scale of the challenge dealing with the whole house building business in the intervening time,’ stated Richard Tamayo, NHBC business director. Earlier this month the UK government announced a collection of measures aimed toward supporting the house building business, in its capacity as a key driver for economic progress and these measures are definitely needed, he pointed out. ‘But their success will only be realised by way of a concerted effort by the business and government to ensure they are taken forward. The continued undersupply of latest housing signifies that the UK is missing out on a potential source of much needed economic progress; this obviously needs to be addressed,’ added Tamayo. The NHBC knowledge also exhibits that for the rolling quarter from June to August 2012 the whole number of registrations was 29,272, an 18% decrease on the same period last yr when it was 35,854. Of these personal sector registrations in June to August decreased by 11% compared with the same period in 2011 and public sector registrations decreased by 33%.
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