Sharp rise in new home registrations

first_imgHome » News » Housing Market » Sharp rise in new home registrations previous nextHousing MarketSharp rise in new home registrationsMore than 40,000 new homes were registered in Q1 2015, up 18 per cent year-on-year, says NHBC’s Mike Quinton.PROPERTYdrum1st June 20150513 Views Over 40,000 new residential properties were registered in the UK during the first three months of the year, a rise of 18 per cent compared to the corresponding period last year, the latest figures show.New house building data released by the National House Building Council (NHBC) for the first quarter of this year reveal that in total, 40,281 new homes – 30,691 private sector; 9,590 public sector – were registered.This represents a year-on-year rise of 26 per cent for the private sector, with the public sector falling slightly by just 1 per cent.In March alone, the figures show that 17,210 new homes were registered (13,068; 9,051 private sector; 4,017 public sector), up by almost a third on the corresponding month in 2014.NHBC Chief Executive, Mike Quinton (main pic), said, “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.”Andy Frankish (left), New Build Director at Mortgage Advice Bureau (MAB), agrees that overall, the latest house building figures make for very encouraging reading.He commented, “The first quarter of 2015 has seen a significant increase in housing starts compared to both Q4 2014 and this time last year, which is good news for the industry and consumers alike. The fact, that there are now more starts than at any point since the start of the recession hopefully shows this is the beginning of a sustained period of growth for UK housebuilding.”Housing completions have also increased alongside starts, suggesting the pressure on housing supply may begin to be alleviated in the short-term as well as the long-term.However, despite the upturn, both housing starts and completions remain below their 2007 peak, and if the existing rate of house building is maintained rather than improved upon, developers will deliver less than 200,000 new homes per year.“Despite these increases we are still a long way from delivering the number of homes the country needs,” said John Stewart, Director of Economic Affairs at the Home Builders Federation.He added, “Significant constraints remain, and if the Government is to deliver on its manifesto commitment to further increase build rates we now need to see more action. Maintaining the Help to Buy scheme to 2020 is absolutely essential, as are policies to increase the speed at which land for housing comes forward through the planning system.”Meanwhile, developers north of the border have vented their frustration at the fact that Help to Buy funds have run out in Scotland – putting them at a major disadvantage to those house builders in England and Wales.Industry body Homes for Scotland (HFS) last week expressed annoyance on behalf of its members at news that the Scottish Government’s hugely successful Help to Buy (Scotland) shared equity scheme for larger home builders has almost exhausted the budget for its final 2015/16 year of funding.The organisation’s reaction comes less than a week after the Scottish Government published figures demonstrating that demand for the scheme that has already resulted in 5,000 sales worth £1 billion.HFS Chief Executive Philip Hogg (right) said, “The Help to Buy (Scotland) scheme has been a real game-changer for our industry, stimulating the construction of much needed new housing following the 40 per cent plus drop in building witnessed since the downturn and creating vital jobs.“However, it has been clear for many months that the budget was insufficient to meet demand.“With no details or firm commitment on any future support forthcoming, buyers and builders here are now at significant disadvantage to those south of the border and face months of uncertainty whilst the Scottish Government decides whether or not to launch a successor scheme.”home registrations new residential properties NHBC housing growth June 1, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicensed rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more

This Newstead industrial-chic apartment has hit the market

first_img5a/5 Kyabra St, NewsteadCity skyline views and luxury fittings enhance this contemporary, industrial-style penthouse at 5a/5 Kyabra St, Newstead.Rising over two levels, the apartment was crafted by architect Justin O’Neill and offers four bedrooms and spacious indoor and outdoor living spaces, oriented towards the vistas.Direct lift access leads to the expansive lower level, encompassing lounge and dining areas in an open-plan design. Here, beautiful French oak floorboards contrast with a white colour palette, while extensive glass draws in natural light. 5a/5 Kyabra St, NewsteadThe main also has a dressing room, while its larger ensuite is the epitome of opulence, with Spanish volcano stone basins, black ‘leather quartz’ benchtops, Artedomus Japanese imported wall tiles and imported Italian floor tiles.Further highlights of the residence, which boasts 478sq m of living space, include a Cbus system, Euroluce-designed lighting, automatic blockout blinds and zoned ducted airconditioning. Agent Matt Lancashire said the apartment had been beautifully crafted, and was immediately impressive with its high-quality, industrial-chic finish. “Located within seconds of the incredible lifestyle options of Newstead, New Farm and Teneriffe, even the most fastidious buyer will be impressed by all that this genuine penthouse apartment has to offer,” he said. 5a/5 Kyabra St, NewsteadMore from newsMould, age, not enough to stop 17 bidders fighting for this home5 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor5 hours agoA nearby formal lounge area boasts glass finish polished concrete, bay windows and a large wall space for artwork, and both zones also have access through floor-to-ceiling sliding glass doors to separate terraces with a city backdrop. Well-equipped for gourmet creations, the galley kitchen features a suite of quality stainless steel Miele appliances, concrete and stainless steel benchtops, and striking American walnut cabinetry. There’s also an island breakfast bar, scullery and butler’s pantry, while another highlight is the 1000-plus bottle temperature and humidity-controlled wine cellar, on display via large glass doors.Bedrooms are spread across the floorplan, each with neutral decor and carpet flooring. They have either a built-in or walk-in wardrobe, and two of the bedrooms on the upper floor have access to private decks. last_img read more

Dallas Keuchel rumors: Yankees, Braves favorites to sign Cy Young winner

first_img Dallas Keuchel rumors: At least 6 teams interested in signing Cy Young winning pitcher Let the bidding war begin.The Yankees and Braves are now the favorites to sign 2015 American League Cy Young Award winner Dallas Keuchel, according to MLB.com. What makes the situation even more entertaining is the two teams are reportedly close on money, which means they could go back and forth in the fight over Keuchel in the coming days.According to a source, the Yankees and Braves are the favorites to sign Dallas Keuchel. Both teams are believed to be in the same area with their offers at the moment.— Mark Feinsand (@Feinsand) June 4, 2019According to a report from MLB Network Radio, Keuchel is looking for a deal in the one-year, $18 million range which would be a tick more than the $17.9 million qualifying offer the Astros gave him during the offseason. Related News Keuchel would hit free agency after the year is up, but it could be easier for him to sign this time around since he won’t have a draft pick attached to him this season.The 31-year-old lefty remains unsigned at this point in the year for a couple of reasons. For one, he feels he hasn’t been given an offer worthy of his value, and two, he had that draft pick attached to him which teams won’t often give up to sign a player.center_img Dallas Keuchel rumors: Are these 3 teams the favorites to sign the starter? Like Keuchel, closer Craig Kimbrel also remains unsigned despite a decorated career. A big reason for that was draft pick compensation, which came off at 12:01 a.m. ET on Monday.Keuchel is a two-time All-Star and won a World Series with the Astros in 2017. He is coming off of a year in which he went 12-11 with a 3.74 ERA in 204 2/3 innings pitched for Houston.He is also reportedly willing to shave his beard to play for the Yankees.last_img read more

CRANES: Desabre looks for winning end to CHAN tourney

first_imgCranes in action against Nambia earlier. They take on Ivory Coast today and a win will earn them an extra $25,000.FT: Uganda  ??  0 Ivory Coast ??  0Prize Money Winners – $1.25mRunners-up – 700,000Semifinalists – 400,000Quarter-finalists – 300,000Third in the Group – 200,000Fourth in the Group – 175,000Marrakech, Morocco | THE INDEPENDENT |  New Cranes coach Sebastien Desabre continues his hunt for his first win as Cranes coach when  the TOTAL CHAN 2018 championship group stages conclude on Monday night.Uganda has managed a single goal in their two group games and will look eagerly to return to action of striker Muhammed Shaban who has been injured. The KCCA forward had missed the previous match against Namibia due to an ankle sprain and is expected to at least make the bench.Derrick Nsibambi will again lead the attack, with the hope that Shaban can come in to strengthen the team in the second half.Desabre urged his players to conclude their campaign with a win. “Our target is now to finish third in the group. We want the maximum points against Cote d’Ivoire,” he said.The coach, who has coached in Ivory Coast before, said his local knowledge will come useful in the Monday clash. “I know the league in Cote d’Ivoire because I was there for two years. I know some of the players. We didn’t qualify for the quarter finals because of some weaknesses but I will ask my players to continue playing good football.”Uganda Cranes will play in their final group B match against Ivory Coast, having lost 3-1 to Zambia and 1-0 to Nambia to fall out of the running for a place in the knockout stage.“The game against Cote D’Ivoire is not a friendly match. We are demanding the same positive energy from the players like in the earlier two games at CHAN 2018 as we finish up the group games on Monday,” he told his players after training.STARTING LINE UP 19-Watenga Isma (GK), 14-Nicholas Wadada, 8-Madoi Aggrey, 5-Mujuzi, 4- Muwanga (Capt), 21-Taddeo, 23-Milton Karisa, 3-Muleme Isaac, 11-Derrick Nsibambi, 15-Sadam Juma,17-KyambaddeSTANDINGSZambia 2 2 0 0 5 1 6 – qualifiedNamibia 2 2 0 0 2 0 6 – qualifiedUganda 2 0 0 2 1 4 0Ivory Coast 2 0 0 2 0 3 0#TotalCHAN2018 Tweets Share on: WhatsApplast_img read more

Alfie Plant scores seven-shot Lytham Trophy win

first_img England’s Alfie Plant beat an international field by seven shots to win the Lytham Trophy – and score a much awaited victory. His triumph at Royal Lytham and St Annes comes after a string of second and third places last season and he said: “It’s nice to finally get over the line. “It hasn’t really sunk in yet but it’s a very big win, round a great golf course. I’m over the moon, really excited,” added Plant, from Sundridge Park in Kent. He was four over par after rounds of 67 73 74 70 – on an Open Championship course with a par of 70 and a standard scratch score of 76 – and he was the first Englishman to win in five years. More English players were close behind with Bradley Moore (Kedleston Park) among the three runners-up on 11-over; while James Walker (The Oaks), Ashton Turner (Kenwick Park) and Gian Marco Petrozzi (Trentham) were also in the top ten. Plant, 23, has had his eye on this championship ever since he used to play in the simultaneous junior event at nearby Fairhaven Golf Club. “I used to go and watch the guys hitting on the range and there was a real aura about it. I remember saying to my dad ‘I wish I could play and win that one day.’” He has been playing in the Lytham Trophy now for four years and on his debut he was in the second last group on the final day, eventually finishing tied 13th. “I’ve bagged some experience which gave me an advantage and I felt I could post a good score.” Plant, an England international, led the championship after his first round 67, shared the lead with Moore and Walker after the second round and was two behind Moore going into the last round. His goal was level par over the final round and he achieved it, while keeping a careful eye on the opposition via the on-course scoreboard. His strength throughout the tournament was his iron play. “My game plan was to take as many bunkers as possible out of play and give myself opportunities. With my iron play being really good I was able to get it close a few times and keep the bogeys off the card.” Plant toured South Africa with England Golf earlier this season and has also been on squad training at England Golf’s winter training base at the Quinta do Lago resort in Portugal. “It’s been of massive importance,” said Plant. “It’s a head start on the rest of the field.” Click here for full scores from the Lytham Trophy 2 May 2016 Alfie Plant scores seven-shot Lytham Trophy win last_img read more