Tuesday, 19 January 2016

House Builders Deny Land-Banking

House builders have hit back at claims by local authorities that they are ‘land-banking’ and building-out schemes more slowly than in the past. Industry body the Home Builders Federation reacted angrily to research published by the Local Government Association which showed that 475,647 homes in England had been given planning permission but had yet to be built. The research also indicated that developers are taking longer to complete work on site. It now takes 32 months, on average, from sites receiving planning permission to building work being completed, 12 months longer than in 2007/8 according to the LGA. Read more on the Planning Portal.

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