Will Proposed Legislation Cause a Bottleneck in the House Building Industry?

Will Proposed Legislation Cause a Bottleneck in the House Building Industry?

House builders will be stripped of planning permission if site development does not commence within 18 months after planning is ‘green-lit’, under new government proposals.

With England desperate for new houses, and close to a million plots across the country remaining unfinished, MPs argue that proposals put forward by the housing, communities and local government committee could speed up the rate of build and resolve England’s desperate shortage of homes.
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Source: Property Wire


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In the bustling property market of Attleborough, the average time to sell a property with every Estate Agent currently stands at 83 days. This is above the national average of 73 days.

Since 2014, UK house prices have climbed by 65.4%, but this national figure masks the varied growth across regions. In places like Attleborough, property values reflect distinct local factors, leading to differences in growth rates from city to city and town to town.

Over the past 70 years, UK housing completions have reflected shifting priorities and responsibilities. In the 1950s and 1960s, local authorities, particularly through council house projects, led the charge in building new homes, as highlighted in this chart.

The UK property market has seen significant changes over the last century, with distinct trends emerging in the areas of owner-occupied properties, social renting, and private renting.