Government initiatives relaxing planning regulations, finally appear to be filtering through. The good news came out on the 10th August in the Office of National Statistics’ Construction Index that private housing new build figures are now higher than at any point in the past 15 years. This applied both for quarter two of 2017 and for the month of June.
There has been much rhetoric on the need for new housing and it is something that consecutive governments have failed to address. There is still much more to be done but it is refreshing to see the numbers heading in the right direction.