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New home registrations up a third on 2012

New home registrations in the months of September to November were up 30 per cent on the same period last year.

The National House Building Council registered 34,356 new homes during the three months, compared to 26,420 last year.

Of these, 9,277 were public sector registrations. This is 37 per cent higher than last year’s figure of 6765.

By region, the largest proportional increase was in the East Midlands, where registrations shot up from 1659 to 2831 – a 71 per cent rise.

This was followed by the North-west, which saw a 53 per cent rise from 1916 to 2935.

London continues to have the most registrations, with 6,004 this September to November, a 20 per cent increase on last year’s number of 4,992.

But London’s share of nationwide registrations has fallen, from 18.9 per cent last year to 17.5 per cent now.

NHBC commercial director Richard Tamayo said: “Our November statistics have continued the strong and consistent volume growth witnessed throughout 2013, compared with registration figures in the years after the financial crash.

“As the year draws to a close the industry can look back on what has been an overall upbeat year for the sector where we have seen a return of genuine confidence and a welcome contribution from various government schemes such as Help to Buy to the UK’s housing volume growth.”

NHBC is the leading warranty and insurance provider for new homes in the UK. Its ten year Buildmark warranty covers around 80 per cent of new homes built in the UK.

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