Uncertainty remains quite a common topic within the UK housing market and will likely remain popular until Brexit is here and completed sometime next year. Since the selling season has come to an end and the weather has taken its natural step into the next season, transactions have fallen off. There has even been a decline in a great amount of mortgage lending, especially remortgage. One sector which is growing stronger each day is residential construction and home registrations.

Recently discovered data related to new house starts is creating quite a stir among those close to and around the housing market. Due to a large number of developments in the city of London, housing registrations has now reached a level not seen in a decade, according to the National House Building Council.

More than 43,500 new home registrations were completed between the months of July and September this year. This is a 15% year on year increase in total registrations. Back in Q3 of the year 2007, 49,520 home registrations were completed. This was just prior to the economic collapse which ravaged the globe.

The number of registrations is significant because work does not begin on constructing the home until the builder registers the house with the NHBC.

New home registrations have been especially strong in the capital city of London. The city has seen an increase of more than 140% year on year, going from 2,492 to more than 6,000.

Steve Wood, NHBC’s chief executive, commented on the recent data, saying: “The upturn in registrations over recent months is good news for the industry and shows that there remains a strong demand for high quality new homes in many parts of the UK.”