|
Planning permission granted for new houses has increased to 80.5%, according to a new report from estate agency comparison site GetAgent. During the last eight years, the number of granted planning applications for new homes has steadily increased. The percentage of planning applications that were granted permission in 2010 was 73.5%, which has went up by 7%. With slower market conditions, there has even been a drop in the number of applications being received. In 2018, 453,000 planning applications were received, which is down 4% from an eight-year average of 471,000. Despite that, there has been an increase of 30,000 planning permissions granted per year since 2014. The number of homes actually being built as a percentage of approved applications has also increased to 42%, which is up from 30% since 2010. According to a recent report by Home Builders Federation, house builders applied for permission to build 370,000 new homes in 2018 alone, which is double from 10 years ago. The report shows 220,000 houses were added last year. Additionally, the housing stock has increased by 78% over the past five years. This boost in both housing stock and planning approvals are helping deliver needed homes during a housing shortage. Comments are closed.
|