The number of new homes built rises to 7 year high – SearchFlow comments

The number of new homes built rises to 7 year high – SearchFlow comments

The number of newly built homes continues to rise and is now at the highest level since 2008 to 2009 according to Department for Communities & Local Government’s quarterly figures on housebuilding.

The figures revealed that 139,690 new homes were completed in the year to March – a rise of 12% on the previous year.

Greg Bryce, Managing Director of SearchFlow, comments: “The continued rise for the second year now is very promising news for the housing market. The growth in the number of new homes will help relieve pent up demand and fuel a buoyant property market. The number of new homes is set to be bolstered further by the government’s landmark Housing and Planning Act which will be instrumental in helping deliver the Government’s ambition to build a million more homes.

“With the economy strong, employment level high, interest rates low and the Government’s housing policies focused on getting the nation to build, activity levels in the housing market is expected to remain buoyant for the second half of the year.”

This article was submitted to be published by SearchFlow as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

SearchFlow

http://www.searchflow.co.uk

 

 

 

 

www.searchflow.co.uk

SearchFlow is the UK’s largest provider of legal due diligence data for residential and commercial property transactions. Since its formation, it has supported over 5,000,000 instructions and delivered 26,000,000 searches; this equates to around 1 in every 4 property transactions in the UK.

SearchFlow recognises that proactively supporting each client’s journey is vital to delivering the right due diligence insights, searches, data, surveys and insurance for every transaction – whether a single residential property or a complex commercial portfolio. Via its advanced online ordering platform and backed-up by an award-winning customer service team, SearchFlow supports clients in delivering the conveyancing solutions needed to manage due diligence risk and achieve compliance.

By partnering with SearchFlow, property law professionals in the UK can deliver smarter, safer, and faster property transactions to their customers.

Based in Kent, SearchFlow is a Landmark Information Group business, which is part of DMGT plc.

Visit www.searchflow.co.uk for more information or follow via social media for regular updates:

Twitter: https://twitter.com/SearchFlow

LinkedIn: https://www.linkedin.com/company/searchflow/

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