Private registrations continue to drop – NHBC

April 1, 2019
<p><span>Private registrations in February dropped almost 17% against the same month in 2018 as Brexit uncertainty continues to impact, according to the latest figures from NHBC.</span></p> <p><span>The number of new homes registered in the private sector during the month totalled 7,550, a decrease of 16.8%. Meanwhile, affordable home registrations in February rose 27% year-on-year to 3,171. The fall in private registrations meant that overall registrations slid 7% during the month to 10,721.</span></p> <p><span>During the rolling quarter of December to February, private registrations fell 13% to 23,105 new homes against the equivalent period in 2017/18. Contrastingly, registrations for affordable homes climbed 36% to 11,094. Overall registrations fell 2% to 34,199.</span></p> <p><span>NHBC said that despite this slight decrease, half of the 12 UK regions saw some growth in registrations during the December to February period, including in London (+17%), the North West (+11%) and the South East (+9%).</span></p> <p><span>London was also one of only three regions to experience growth in private registrations during the period, at +11%. Those in Yorkshire and Humberside also rose 11% whilst Northern Ireland saw a </span><span>46% increase. In all other regions decreases ranged from -5% (North West and Merseyside) to -31% (East Midlands).</span></p> <p><span>Steve Wood, NHBC’s ceo, …

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