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Housebuilding slows in ‘pre-Brexit’ period

New-build registrations fell by 5 per cent between June and August, according to statistics from the National Housebuilding Council.

An increase in affordable housing builds failed to offset a decline in the private sector during the same period.

NHBC figures found that between June and August, 40,213 new-builds were registered, a decrease of 5 per cent compared to the same period in the previous year.

Over the period, there was an 8 per cent drop in the private sector and a 4 per cent growth in the affordable sector, which includes schemes such as housing association properties and shared ownership schemes.

Between June and August, 12,418 new homes were registered in the affordable and rental sector, compared to 11,971 in the previous year.

In the private sector, new homes registered in the period totalled 27,795, compared with 30,358 the previous year.

In August, 3,875 new homes were registered in the affordable and rental sector in August, a 17 per cent increase compared to same month last year where 3,252 homes were registered.

In the same month home registrations for housing in the private sector fell 20 per cent from 10,460 to 8,420.

NHBC chief executive Steve Wood said: “The slowdown in overall registrations in August seems to be partly due to prevailing uncertainties in this pre-Brexit period.

“Nonetheless it is encouraging to see growth coming through in the affordable and rental sector.”

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