Materials and labour squeeze puts brake on housebuilding

By Joey Gardiner2021-10-25T05:00:00

Source: Shutterstock

Latest figures from NHBC show 8% quarter on quarter drop in completions

Housebuilding volumes fell in the three months to September, in what appears to be the first concrete sign of the impact of labour and materials shortages on housing numbers.

The third quarter data from warranty provider the NHBC shows that UK new home registrations – which commonly occur when builders start work on site – fell by 27% quarter on quarter to 33,779, while completions dropped by 8% to 31,908.

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