House building in England has more than doubled since 2009

New housing starts in England have more than doubled since 2009 and are at their highest level since 2007 while the number of completed homes is at a six year high.

The latest figures from the UK government shows that both starts and completions increased over the past year and in the 12 months to March 2015 work started on 140,500 homes, a rise of 5% on the previous year.

The data from the Department of Communities and Local Government also show that in the first three months of the year house building starts were up31% compared to the previous quarter and up 11% compared to the same quarter a year ago.

Completions were 10% higher than the previous quarter and up 21% on the same quarter a year earlier. The numbers of homes completed has also risen sharply, to their highest levels for nearly six years.

‘House building is at the heart of our plan to ensure the recovery reaches all parts of our country. We’re turning around an industry that was devastated and getting the country building again,’ said Housing Minister Brandon Lewis.

‘These figures show these efforts are reaping results, with house building starts having more than doubled since 2009, and completions at their highest for nearly six years. It is vital we maintain this momentum, getting workers back on sites and homes built, giving more people the chance to own their own home,’ he added.

The data also shows that the growth in house building is across the country. For example in Barnet housing starts increased by 63% over the year, by 84% in Manchester and by 120% in Winchester.

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Source: Property News Spain