This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-26271803
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Housing starts at six-year high, but completions fall | Housing starts at six-year high, but completions fall |
(35 minutes later) | |
The number of new houses being built in England last year was the highest for six years, according to government figures. | The number of new houses being built in England last year was the highest for six years, according to government figures. |
In total, 122,590 homes were started, the largest number since 2007, and a rise of 23% on the previous year. | |
However the number of homes completed, 109,370, was the lowest since 2010, and a fall of 5% on 2012. | |
Of those, nearly 13,000 were sold under the government's Help to Buy equity loan scheme, which began in April 2013. | Of those, nearly 13,000 were sold under the government's Help to Buy equity loan scheme, which began in April 2013. |
The number of homes being built in the UK is still well below its all-time high, which was 425,000 in 1968. | |
'Woeful gap' | |
Housing charity Shelter welcomed what it called the "uptick" in housebuilding, but said the country was still building less than half of the 250,000 homes a year it needs. | |
"With thousands of young people and families already beginning to give up hope that they will ever be able to afford a home of their own, this woeful gap between the homes we need and the homes we have spells disaster for future generations," said Campbell Robb, Shelter's chief executive. | |
Last month, Prime Minister David Cameron clashed with Labour leader Ed Miliband in the House of Commons over the number of new homes being built. | Last month, Prime Minister David Cameron clashed with Labour leader Ed Miliband in the House of Commons over the number of new homes being built. |
Mr Miliband said the number of housing completions was at its lowest since 1924. | Mr Miliband said the number of housing completions was at its lowest since 1924. |
But Mr Cameron said the number of housing starts was at its highest for five years. | But Mr Cameron said the number of housing starts was at its highest for five years. |