“The eight per cent increase in house completions in Q4 2014 compared to Q4 2013 is an encouraging figure. With annual housing starts up by 10 per cent in 2014 compared with 2013, the construction industry is picking up after a tough few years since the financial crash.
“There is still a great deal of untapped potential in the house building market, with skills shortages and lower lending to smaller developers dampening construction levels. It is more important than ever that house building keeps pace with demand, as this will increase affordability and ensure that more people can get onto the housing ladder.”
For further enquiries, journalists can contact:
Johnathan Priestley, Cicero Group
Phone: 020 7297 5954
Notes to Editors:
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.