Record numbers of retirement homes being built across the UK

Statistics released by the National House-Building Council (NHBC) show that more retirement homes are due to be constructed in the country over the coming months, in comparison to figures from the corresponding period of 2014.

Builders registered plans to build 2,337 retirement homes during the first half of 2015. This is more than the number registered for the entirety of last year, when 1,919 planned buildings were set to be sold as retirement properties.

Mike Quinton, Chief Executive of NHBC welcomed the fact that more properties for the elderly will be built in the country. He commented:

“We are very encouraged to see an increase in the number of retirement homes being registered. It is widely acknowledged that the UK has a shortage of homes for the elderly, which is having a knock on effect on the rest of the housing market,”

There is growth across virtually every sector. During the 2nd quarter of 2014, only 36,986 new homes were planned throughout the UK. For the same period in 2015, 41,268 new homes had been registered to be built.

Architects on the Wirral and across the rest of the North West are set to be particularly busy. Across this region, there has been an increase of 74% in registered new homes. For the rolling quarter of April to June 2014, figures for that area showed 2,243 new homes. This year, the figure is 3,911. Furthermore, during this period of 2015, new home registrations fell by 2% in London and 16% in the South East.

Posted by Matt Hughes
August 17, 2015
New Buildings

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