Planning permissions rise by 49%

Planning permissions rise by 49%



Planning approvals have risen by 49 per cent year on year. A total of 77,686 approvals were granted in the first 6 months of 2013 .

Planning approvals have risen by 49 per cent year on year. A total of 77,686 approvals were granted in the first 6 months of 2013.

Results from the Home Builder’s Federation (HBF) reveal in 2013’s second quarter there was almost a 50 per cent year on year increase in planning permission approvals. 

Executive Chairman of the HBF, Stewart Baseley said: “The overall trend in residential permissions is very positive. It reflects house builders’ increasing confidence in the market and also the positive principles of the new planning system. With Help to Buy forging ahead strongly and developers looking to increase output, we need to see the increase sustained.”

Baseley continued to discuss the dangers of strict conditions in planning permission. He added: “Local Authorities must ensure planning conditions are not overly onerous or unrealistic otherwise, despite the success of Help to Buy, the much needed increase in housing supply will be held back. Despite the increase in permissions granted, we are still well short of the 220,000 permissions required annually to meet housing need.”

Chief Executive of Regentsmead, James Bloom said this study shows an expected increase in the market’s activity levels as the UK starts to exit the recession. The CEO of the development finance lender added:  “With the improving economy we are bound to see higher levels for planning approvals but we must remember we are coming off a historically low base which does need to increase significantly to keep pace with demand.”

He continued to talk about aspects that delay developers like substantial planning constraints or objections on new projects from nearby residents. He said: “Although in theory the planning process is being simplified, it is still an archaic and bureaucratic process which is the bane of most developer's lives. It is positive to see the year on year increase but we are still way below where we need to do in terms of house building and the planning constraints play a major factor in this as well as finance of course.”

Bloom added: “Banks need to look at their funding criteria to allow a free flow of money into the sector. Increasing and continued confidence in the market and sector can only help maintain this trend.”

 


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