The number of new homes being created annually has nearly doubled during the past six years but the total continues to fall short of government targets.
The UK’s housing stock increased by 241,130 homes in 2018/2019, 9% more than during the previous 12-month period, according to figures from the Ministry of Housing, Communities and Local Government.
The majority of additions came from new build properties, with these accounting for nearly 214,000 of the total, the highest level since the 1980s.
Other homes were created from building conversions and change of use, as well as larger properties being sub-divided.
But despite the fact the number of properties added to the UK’s housing stock has increased by 93% since hitting a recent low of 124,720 in 2012/2013, the figure remained below the Government’s target of creating 300,000 new homes a year.
Stewart Baseley, executive chairman of the Home Builders Federation, said: “We need politicians to continue to work with us and develop policies that enable further increases to be delivered.”
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