Number of granted planning permissions soars
Published by Max Salsbury for 24dash.com in Housing and also in Development
Planning permissionImage: via Shutterstock
There has been a big increase in the number of planning permissions being granted for new homes, according to new figures from the House Builders Federation.
There were 44,251 permissions granted across 826 sites in England during 2013's quarter 2 - a 31% increase year on year and 19% rise on the previous quarter.
The HBF's Housing Pipeline report - which was produced by Glenigan - shows that Q2 saw the highest number of sites granted approval since Q2 2008. The total amount of permissions in the 12 months to September was 166,978, up 44% on 2011's trough.
Stewart Baseley, HBF executive chairman, 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.
“The figures reflect the positive principles of the new planning system. They are also a clear demonstration that builders are looking to increase supply as a result of increased market confidence generated by the help to buy equity loan scheme.
“But if we are to see the required increase in supply continue we need to see all local authorities playing their part. Increasingly we are seeing onerous conditions being attached to permissions that unnecessarily delay work starting on new sites. There are now tens of thousands of plots with permission but which housebuilders cannot start. This is a situation that local government - and ministers - need to urgently address if we are to see recent homebuilding increases sustained.”
Glenigan’s Allan Wilen added: “Glenigan has tracked a progressive strengthening in planning approvals during the course of this year. The latest quarterly rise in planning approvals bodes well for 2014, indicating that housebuilders are responding to the rising demand from house purchasers, which is in part supported by the help to buy scheme. Furthermore the sharpest rises in planning approvals during the quarter were outside of London and the South East, pointing to a broadly based upturn in new housing market activity and project starts during 2014.”
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