Increase In Affordable Homes Failing To Offset Private Sector Decline

The number of new homes to be built for those in the affordable and rental sector in the UK continues to rise significantly but these gains have failed to offset the decline in the private sector registrations, according to the latest NHBC figures. 3,875 new homes were registered in the affordable and rental sector in August, a 17% increase year-on-year, whilst home registrations in the private sector fell 20% to 8,420. The overall number of new homes registered to be built by builders and developers across the UK in the month was down 10% compared to August 2018. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/increase-in-affordable-homes-failing-to-offset-private-sector-decline.html