Latest statistics from the National House-Building Council (NHBC) show that the principal housing type being started in England, Wales and Northern Ireland are flats and maisonettes. With the level of high rise buildings increasing in recent years, according to NHBC's statistics, flats and maisonettes made up more than half (51%) of new homes started in England during quarter three this year - almost double the combined percentage of semi-detached and detached homes started (28%).
In Wales, NHBC statistics show that the percentage of flats and maisonettes started in the third quarter of this year rose from 34% in the second quarter to 46%, more than double the percentage of detached homes started (21%).
In Northern Ireland all three-quarters this year have experienced a significant rise in the number of flats and maisonettes when compared to 2006. NHBC statistics show that flats and maisonettes constituted 29% of all new homes started in quarter three 2007 - five percentage points higher than detached homes started and nine percentage points higher than semi-detached homes started during the quarter.
Quarter three figures for Scotland show flats and maisonettes rivalling detached houses - 37% compared with 39% respectively.
Imtiaz Farookhi, NHBC's Chief Executive, said: "While flats and maisonettes have been the dominant housing type in England since 2003, this year for the first time, we are seeing flats and maisonettes exceed both the number of detached homes and semi-detached homes in Northern Ireland and Wales."
Additional statistics by NHBC for quarter three 2007 show that the number of applications to start new homes increased when compared with figures for the same quarter last year.
50,250 applications were made to build new homes in the UK, showing a 21% increase on the same three month period in 2006 (41,399). Of that total, 40,876 related to private sector activity (i.e. excluding housing associations), showing a 16% increase on the same quarter of 2006 (35,105). Housing association starts totalled 9,374 - an increase of 49% on quarter three of 2006 (6,294).
Based on actual selling prices, during the third quarter of 2007 the proportion of new homes in Great Britain priced at over £150,000 went up to 77%, an increase on the same period in 2006 (71%).
First time buyers found their ability to buy dropped again in the third quarter of this year. NHBC's first time buyers' ability to buy index decreased by six points during the quarter to 35 (the figure for quarter two 2007 was 41). The index is based on a formula which takes into account the average cost of homes bought by first time buyers, average income and mortgage interest rates (from the Nationwide Building Society). The higher the index, the greater the ability to buy.
The average number of daily sales of new homes in the UK for quarter three 2007 was 525, a decrease of five% on the same period in 2006 (551).
