An increase in the amount of private housing units approved as “main driver” has been recognised by Housing Pipeline.
In 2015, 255,032 new homes were granted planning permission in England. Information taken from from the latest Housing Pipeline report from the Home Builders Federation (HBF) and industry data collector Glenigan shows that this is a 57% raise since the low point of 162,204 in 2009.
There were 74,759 permissions granted during the final quarter of 2015. This is a 13% increase to what it was in the final quarter of 2014. The reason behind this is developers are submitting more applications to guarantee they are able to carry on a further increases in supply.
Since 2009 planning permissions have slowly been on the up, as well as housing supply also increasing in the past two years as more and more planning permissions are being taken to the stage that it can be implemented.
The housing stock was increased by 180,000 new houses in 2014 and 2015. This is an increase of 22% from the previous year. Having said that that the report had noted that numerous stepping stones to deal with as the planning system is navigated and planning conditions are discharged.
The government has been insisted by the HBF to streamline the planning process and guarantee that local authorities are able to deal with the sheer amount of planning applications that are now being processed, which in turn will allow builders to take care of more sites more efficiently.
For more information, call us on 01342 890010 or email info@dev-assist.co.uk
