A quaint UK village has been crowned as the 'UK's new build capital', according to recent research.
The Labour Government had pledged in their election manifesto to construct 1.5 million new homes by 2029, a promise that is central to their housing policy.
So far, it's estimated that the Government has managed to erect around 200,000 homes since taking office, falling short of the average annual target by 100,000. Despite this, New Housing Secretary Steve Reed remains hopeful about reaching their goal, stating last week his ambition was to "build baby build," echoing Donald Trump's oil drilling pledge.
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Fresh research conducted by buy-to-let insurance specialists atAlan Boswell Group reveals the UK towns and villages leading the charge in new housing development, with the top spot likely to raise eyebrows.
Banwell, a charming village in Somerset, tops the list with 180 new build sales in 2023-24, offering some food for thought for the housing department as they strategise on delivering much-needed homes.
New builds made up over 65 per cent of all house sales in Banwell, the highest percentage across the UK, marking the village as a contemporary housing hotspot, reports the Express.
The town, which boasts a history dating back to the Bronze Age, has a modest population of just over 3,000 but witnessed 275 house transactions in the year 2023/24. Kent's Swanscombe secured second place, with the compact town also witnessing a building surge.
Research experts behind the study explained: "Thanks to its proximity to London and lower property prices, Swanscombe offers a realistic alternative for those seeking a new build lifestyle near the capital without the hefty city price tag, making it ideal for both first-time buyers and landlords seeking rental demand near the commuter belt."
The ancient, medieval settlement of Arundel claimed third spot, with 359 new builds sold out of 766 total transactions, representing a 46.87% new build share.
Speaking for the buy-to-let insurance specialists at Alan Boswell Group, Heath Alexander-Bew commented: "The UK's housing demand remains intense, especially in large cities where new build construction often can't keep up with population growth.
"However, this data clearly shows that regional development hotspots, even in smaller towns like Banwell or Swanscombe, are filling that gap.
"For buyers, especially families or first-time homeowners, these areas represent opportunities to secure modern, energy-efficient homes in growing communities.
"The proportion of buyers moving into detached homes has grown from 25% to 32% over the past decade, highlighting a steady shift in preference toward more spacious living. In our study, detached properties made up 13.87% of all new build sales between 2023 and 2025, underlining their continued appeal."
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