Wednesday, 27 November 2013

85,000 Approved Homes Still Waiting To Be Built

More than 85,000 homes in the east of England have been given planning permission but have not been built, a BBC investigation has found. The House Builders' Association said a lack of bank finance and stringent planning conditions could be to blame and the figure for proposed homes in the east was particularly high compared to the rest of the country because of its proximity to London. But it believed that applications were not being translated into houses immediately because of economic conditions and far-reaching demands on developers. Read more on the BBC website.

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