Plot numbers up

New building plot registrations jumped by 45 per cent in the second quarter to 66,855 as builders rushed to beat the cost of new energy efficiency regulations introduced in June.

Figures from the National House Building Council also show that 40,289 new homes were completed in the same period, a 16 per cent year-on-year increase.

There was a 23 per cent year-on-year increase in private sector completions at 29,963 but affordable and rental sector completions stayed flat at 10,326.

Eleven out of 12 UK regions saw growth in the number of new home completions, with the North East leading the way with 1,781 new homes – a 39 per cent year-on-year increase. The East Midlands came second with 4,117 new homes.

11 August 2022