Housing Report Reveals Increase in Planning Permission
- an increase of 31% year on year and 19% on the previous quarter
- the highest total number of permissions granted in a Q3 since 2007
- the highest no of sites granted planning approval since Q2 of 2008
The upturn for home building reflects the positive planning principles of the new ‘National Planning Policy Framework’ planning system introduced in 2012 which is having an increasing impact as local authorities attempt to put local plans in place, or risk losing decisions on appeals as a result.
Official Government statistics showed the number of private sector new homes started in England in Q3 was up 29% year-on-year to the highest level since Q1 2008, whilst the largest new home warranty provider, NHBC, said registrations of new homes in Q3 were up 19% on last year.
Stewart Baseley, Executive Chairman of the HBF said; “This is the latest indicator to show how the industry is looking to quickly increase output. We have already seen evidence of a rise in new homes starts and these figures show the industry’s intent to increase and sustain that over the next few years. Developers are building out current sites more quickly and are now looking to invest in new sites and begin development sooner than previously planned”.
Read the full HBF report (PDF) here.