Good news for housebuilders and would-be home owners – there was a 9% increase in new homes registered in the first month of the year compared to the same period in 2018.
The trend is underlined by a growing order book at Energy Assets Utilities, one of Britain’s leading utility network design and construction businesses, which is experiencing increasing demand for its multi-utility expertise, including fibre-to-the-home, up and down the country.
Figures released by NHBC show that almost 9,000 new homes were registered in the private sector and more than 3,700 in the affordable sector, contributing to a rolling quarterly gain of 2% over an equivalent period 12 months ago.
Craig Topley, Energy Assets’ Group Managing Director (Construction), welcomed the figures and said it confirmed the company’s own experience of a busy market place reflected in growing demand among customers for a single source, multi-utility construction partner.
“Housebuilders and developers all face challenges around how best to specify and cost-effectively connect an increasingly diverse range of utility services, particularly with the pace of change in technology,” said Craig.
“Our decision to add fibre-to-the-home to our core multi-utility gas, water and electricity network offer is being well-received as housebuilders focus on meeting their customers’ expectation for superfast connectivity to drive the growing array of domestic digital services.”
NHBC is the leading warranty and insurance provider for new homes in the UK and its registration statistics are a lead indicator for the market.