Youngs Consultancy
Written by Daley Young Official government statistics show new build completions are up 6.4% year-on-year. The government’s net additional dwellings data, released last week shows that new build completions accounted for 195,290 of supply in 2017-18 (the year to April). The figures also reveal that housing supply in England has increased to 222,190 during the period – up 78%
Written by Daley Young More than four out of five of the 170,000 homes purchased through the Help to Buy scheme in the five years to March 2018 were bought by first time buyers according to a new Home Builders Federation report released today. The report, Bringing home ownership back into reach, estimates that Help to Buy has enabled
Written by Daley Young The government’s Help to Buy equity loan scheme has helped around a quarter of a million people onto the property ladder since it was launched in 2013, according to the Home Builders Federation (HBF). HBF said that, based on an average first-time buyer household size of 1.8 people, it estimated that the initiative has now
Written by Daley Young A series of recommendations have been sighted in a report released yesterday by the Home Builders Federation which highlights the challenges faced by small to medium sized (SME) housebuilders in looking to increase housing output. The report – “Reversing the decline of small housebuilders” – sets out a range of proposals to address the finance,
Written by Daley Young Planning permissions continue to climb, but the planning system remains a major constraint to the housebuilding industry increasing supply, according to the Home Builders Federation and Glenigan’s latest Housing Pipeline report released last week. The report shows that 76,242 homes were granted planning permission in England in Q3 2016 (July to September), 10% up on
Written by Daley Young New home registrations in Q2 2016 totalled 41,222, marking the strongest quarter since 2007, according to NHBC’s latest figures published last month. The figures were a 1% lift on Q2 2015. Private sector registrations across the UK climbed 6% to 31,753 new homes, whilst the public and affordable housing sector saw a 13% drop to
Written by Daley Young The housebuilding industry has welcomed the Bank of England’s decision to cut UK interest rates from 0.5% to 0.25%, stating that the move would aid both housebuilders and home owners. Peter Andrew, deputy chairman of the Home Builders Federation, said: “Demand for new build homes remains strong and sales rates have been solid since the
Written by Daley Young The housebuilding industry is “crying out for talent” and new entrants to the sector should be open minded about the careers they pursue, Peter Andrew, deputy chairman of the Home Builders Federation (HBF), said at the end of last week. Speaking at the HBF Future Talent Conference in Nottingham, Mr Andrew said that the housebuilding
Written by Daley Young “Over 100,000 new jobs were created in England alone last year as a result of the big increase in house building. Analysis by the Home Builders Federation shows that the house building industry is now supporting around 667,000 jobs, and details how local economies the length and breadth of the country are benefitting from the
Written by Daley Young The number of new home planning permission granted in England reached 52,167 in the first quarter of 2015. This is 19% up on the same period as late year according to figures released by the HBF and Glenigan on 28th July. The figures from the latest Housing Pipeline report show that the moving annual total