New home registrations rise 10% in Q1 – NHBC

May 13, 2021
<p><span>NHBC’s new home registrations climbed 10% in the first quarter of 2021 against the same period in 2020, with the new home warranty and insurance provider reporting a sector “bounce back”.</span></p> <p><span>During the January to March period, 36,863 new homes were registered, with those for the private sector rising 10% to 26,985 against Q1 2020 and rental sector registrations (including both the affordable and Build to Rent sector) lifting 13% to 9,878.</span></p> <p><span>“With a slump in registrations in Q2 2020 as a result of lockdown restrictions, followed by a strong recovery in Q3 and Q4, the latest figures show that the sector has bounced back,” NHBC said.</span></p> <p><span>Meanwhile, new home completions in Q1 2021 rose </span><span>4% to 33,074.</span></p> <p><span>Registrations for detached and semi-detached houses in the period were up 18% and 30% respectively against Q1 2020. Those for apartments fell 21% in a reflection of people’s changing preferences as a result of the pandemic, NHBC indicated, with the effects accelerating a desire for more home-based working.</span></p> <p><span>Nine out of 12 UK regions reported a rise in </span><span>registrations during the first three months of this year against 2020. The highest rises were seen in North East England (+61%) the East (+42%) …

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