The number of new homes built in England reached “record” levels in the first three months of 2021, it has been revealed.
The Ministry of Housing, Communities & Local Government, who published the research, said even more people will now be able to step on, or move up, the housing ladder.
According to the figures, there were some 49,470 completed homes in the first quarter (January to March) of 2021, representing a 4% increase compared to the previous quarter and the highest figure on record in “over 20 years”.
Construction also started on 46,010 new homes during the same period, up 7% compared to the previous three months and breaking a 15-year record.
The capital also recorded a significant increase in housebuilding starts in the year to March 2021, up 18% to 14,530 new homes.
And in a boost for families, the figures show that houses made up 81% of all new build dwellings built or started in 2020-21.
Commenting on the research, Housing Secretary Robert Jenrick said: “It is encouraging to see a continued rise in the number of new homes being built. The house building sector has shown extraordinary resilience and the government has continued to demonstrate its support for the industry throughout the pandemic.
“By enabling construction sites to remain open and operate safely, builders have been able deliver the homes this country needs as we build back better from the pandemic.”
The figures come after the launch of various schemes to help first-time buyers get on the property ladder. This includes the new Help to Buy Equity Scheme and a Government-backed mortgage initiative, ensuring even more low deposit mortgage options are available to buyers.
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