Planning for new homes plunges to record low

Grant Prior 2 weeks ago
Share

The latest Housing Pipeline Report from the Home Builders Federation shows that in the 12 months to March 2024, the number of new homes and sites given planning permission has fallen to the lowest level since the data collection started in 2006.

The HBF warned that the housing pipeline is significantly smaller now than it was even during the aftermath of the Global Financial Crisis.

It added: “The figures also illustrate the stark challenge a new Government faces to increase housing supply in the coming years highlighting the need for ministers to work closely with the industry to fix the planning system, provide effective assistance to prospective first-time buyers and unblock the estimated 160,000 new homes still unnecessarily held up by a Government quango’s nutrient neutrality rules.”

Stewart Baseley, executive chairman at the federation said: “Amidst a deepening housing crisis and with house building levels already falling sharply, these numbers present a bleak picture for future housing supply.

“Reversing the trend will require immediate and drastic action to remove the significant barriers to housing delivery we face.

“We need to see immediate action to reverse the damaging changes made in recent years to the planning system and to ensure local authorities have the capacity to deal effectively with permissions.

“We also need to see effective support put in place to help buyers purchase high quality, energy efficient new homes. For the first time in many decades, there is no effective Government support in place for prospective buyers.

“It is also essential that politicians find a solution to the pointless blockade of 160,000 homes now entering its sixth year as a result of nutrient neutrality, towards which new homes make a negligible contribution.

”The next government must grasp the nettle and be bold and brave if it is going to help meet the country’s housing needs. Doing so will deliver huge social and economic benefits and the industry stands ready to deliver.”

Latest news

Early bond release key to averting industry surety crisis

Contractors must put pressure on clients to release bonds promptly
3 days ago

Over 1000 building safety cladding retrofits completed

25% of safety retrofits finished seven years after Grenfell disaster
3 days ago

Steel import delays make Rangers miss kick-off

Construction work at Ibrox will not be finished by start of next season
3 days ago

Lidl looking for new contractors for store building plans

Sign up for events in Newcastle, Glasgow, Birmingham and Southampton
3 days ago

Utility firm GTC revs up for ground source heat pump era

Contractor and heat pump maker strikes ground-breaking deal
3 days ago

Amey switches kit supplier to Speedy from HSS

New plant and equipment hire deal worth £25m a year
4 days ago

Clients under spotlight after bond bombshell

Contractors call for action to avoid project delays
4 days ago

M&E specialist Lorne Stewart falls into the red

Parent group suffers £2.8m loss in face of cost inflation and insolvencies
4 days ago

Four men rushed to hospital after site accident

Eye-witnesses report a wall was knocked over on Edinburgh site
4 days ago

World’s tallest scissor lift set for UK sites

Hire Safe Solutions partners with Dingli to supply lift with working height of 37 metres
4 days ago

Barhale wins £36m East London sewer remediation

Northern Outfall Sewer in West Ham runs above railway lines in the city
4 days ago

Weston Homes thumbs-up for £220m Essex homes scheme

Colchester 600-home Viridis scheme gains outline consent
4 days ago

Balfour seals £192m deal for trio of Scottish substations

Work to start this summer to enhance electrical transmission in Argyll
5 days ago

Construction bond bombshell as major player quits market

QBE currently provides cover for 20 of the industry's 30 biggest contractors
5 days ago

United Utilities names another 18 winners for £2.7bn water spend

Water giant cuts out large management contractors in latest spending round
5 days ago

Green light for £130m Dundee Eden project

Former gasholder site to be transformed into green house
5 days ago

Four tower scheme in Glasgow gets green light

Go-ahead for major mixed-use scheme at Central Quay
5 days ago

‘Green collar’ construction workers earning £134,000

Cost consultant T&T says insulation and heat pump trades earning £70 an hour in London
5 days ago

£65m Trafford Waters resi blocks approved

X1 Developments plans over 200 homes in 13- and 8-storey blocks
5 days ago

Over 100 firms win £1.5bn ICN housing framework

Great Places Housing Group names key partners for new homes programme
6 days ago

Steelwork firm went down owing £4.5m to suppliers

Subcontractors left holding unpaid invoices from SH Structures
6 days ago

Scottish civils firm to buy stake in piling specialist

Advance Construction in talks for 25% stake in Northern Piling Ltd
6 days ago

RSK secures £500m for fresh acquisitions spree

Acquisitive group aims to buy another 200 businesses by 2030
6 days ago

Beal Homes gets green light for £105m Humber scheme

Work to start on more than 500 homes in North East Lincolnshire
6 days ago

RED wins £20m East London office refurb

Grade II listed Victorian building to be upgraded to Cat A offices
6 days ago

Employee-owned Neilcott staff share £250,000 payout

Employee-owned building contractor sales jump 38% to £139m
7 days ago

Geoffrey Osborne supply chain hit for £26m

More than 500 suppliers and subcontractors left holding unpaid bills
1 week ago

Race for £800m South West Wales framework

Up to 16 firms face fight to renew spots on regional contractors framework
1 week ago

SME contractors agree 4% pay rise for site workers

Workers will also get an extra day of holiday
1 week ago

South East expansion paying off for Meldrum Group

Turnover up to £55m as North East based contractor expands national coverage
7 days ago

Contractor services