Starts & completions rise in 2015

Starts & completions rise in 2015

The number of starts and completions on new build homes continued to rise last year to the highest level since 2008, according to the new figures released by the government.

More than 143,500 new build homes were started up to December 2015 – a rise of 6% on the previous year, according to House building: December quarter 2015.

The statistics also showed that the number of new build homes completed were up 21% on the previous year – totalling 142,890 in the 12 months to December 2015.

Both starts and completions for new build homes are at their highest level since 2008.

Communities Secretary Greg Clark said: “Aspiring homeowners should get the help they need to turn their dream into a reality – key to that is building the homes our country needs.

“Today’s figures show how our reforms to the planning system are delivering the permissions needed and schemes like Help to Buy have given builders the confidence to invest and build, with starts and completions now at their highest since 2008.”


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