There had been 38,780 new homes constructed and completed between January and March 2025, the most recent Office for National Statistics (ONS) information reveals.
The information exhibits that in the primary quarter of this yr there have been 21% fewer homes constructed and completed in comparison with the previous quarter when there have been a complete of 49,160.
The quantity of homes constructed and completed additionally fell by 6% in comparison with the identical interval final yr, when completed homes totalled 41,220.
The ONS figures present that there have been 35,640 homes began in Q1, in comparison with the 32,010 in the previous quarter representing an 11% enhance.
Compared to the identical interval final yr, the quantity of homes began elevated by 17% from 30,350.
Commenting on the most recent figures, Aldermore managing director of property Ross Dalzell highlights that newest new homes constructed and completed figures are greater than 36,000 under the federal government’s quarterly goal of 75,000.
Dalzell says: “Today’s information exhibits that the Government has fallen brief of assembly its 75,000 quarterly housebuilding goal. While the dedication to construct 1.5 million homes over the following Parliament is bold, it’s achievable however solely with daring motion in any respect phases of the housebuilding cycle.”
“Aldermore totally helps the push to construct 1.5 million homes and lately met with No.10 coverage advisors to debate how we would take away the boundaries the nation faces and unlock the homes Britain desperately wants.”