Thursday, 27 January 2011

Housebuilders Hit Out At Localism

Housebuilders have rounded on the government’s Localism bill, saying it is likely to delay a recovery in housing construction. Giving evidence to the localism bill committee, Taylor Wimpey chief executive Peter Redfern said the impact of the proposed radical changes to the planning system would add up to a couple of years to the time it takes housebuilding volumes to recover. The number of homes started in England annually fell to a low of 78,000 in 2009 after reaching a high of 178,000 in 2007. Redfern said: “My personal estimate is under the previous system it would have taken six years to return to what was the status quo [in housing numbers] of 2007. With this bill it will take longer, more like 7-8 years. This is principally because of the transition period while the new system beds down.” His comments were backed up by Roy Donson, regional planning and strategic land director at Barratt Developments. He told the committee that he feared housebuilding would grind to a halt in three years once current permissions ran out. Read more on the Building website.

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