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15% Rise in the Number of Homes Registered in Scotland

According to the National House Building Council (NHBC), between January and March 2014 and January and March this year, the number of homes, which were registered in Scotland, increased from 2,771 to 3,189. This represents a rise of 15 per cent.

Looking at the United Kingdom (UK) collectively, with the majority of the country showing strong growth, house building has reached the levels of 2007.

Similarly, in the UK, by rising to 40,281 (30,691 private sector; 9,590 public sector) from 34,163 (24,428 private sector; 9,735 public sector), there was an 18 per cent increase in the number of new homes registered between January and March 2015 and the same period last year.

By reaching this figure, the number of homes registered in the UK, have also returned to early 2007 levels.

Comparing the private sector to the public sector over this period, there has been a 26 per cent increase in the number of private sector registration, while there was a 1 per cent decrease in public sector registrations.

Looking at March 2015 alone, there were 17,210 new houses registered (12,699 private sector; 4,511 public sector), representing an increase of 32 per cent when compared to March 2014.

Commenting on the data, Mike Quinton, who is the Chief Executive of NHBC, stated:

“Our figures show an encouraging start to 2015 with new housing registrations up 18 per cent on the first quarter of last year. Housing growth levels remain strong across virtually every part of the UK.

“However, we have made clear that the UK is still building way below the volumes of homes that we need. NHBC looks forward to working with government to ensure that high quality new housing is a top priority.”

For more information on NHBC’s study, click here.

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