Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Nicola Horner MRICS’ Post
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Solving the Housing Shortage
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Closing the Housing Gap
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Closing the Housing Gap
savills-share.com
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Closing the Housing Gap
savills-share.com
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Closing the Housing Gap
savills-share.com
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Tackling Housing Delivery
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Meeting the 300,000 homes per year target will require more affordable housing support and planning reform. By closing the demand gap, we can hit the 1.5 million homes goal in five years. Read on for the full story!
Tackling Housing Delivery
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Recent data on planning consent for new homes in England indicates a significant decrease in future housing supply. According to estimates from Glenigan and data from the HBF, only 222,000 new homes received full planning consent in the twelve months leading up to Q1 2024. This is the first time since the 2008-09 financial crisis that the number of new homes gaining consent has dropped below the current level of completions. With around 10% of consents typically not being realized during development, these new figures suggest that further decreases in supply are on the horizon. Our latest forecast predicts that housing completions could potentially plummet to just 160,000 by 2024/25. More information can be found at:
Q1 2024 Update on Housing Supply in England
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Recent data on the number of homes receiving planning approval in England indicates a significant decrease in future housing availability. Estimates from Glenigan and data from the HBF show that only 222,000 new homes were granted full planning consent in the twelve months leading up to Q1 2024. This is the first time since the 2008-09 financial crisis that the number of approved new homes has dropped below the current completion rate. With approximately 10% of approvals typically not coming to fruition during development, these latest figures suggest that further declines in housing supply are inevitable. Our most recent forecast predicts that housing completions could potentially decrease to 160,000 by 2024/25. Find out more:
Q1 2024 Update on Housing Supply in England
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There is a pressing need for solutions to address the issue of new homes not being built. It is evident that there are significant obstacles facing the Section 106 market, impacting both the demand and supply aspects. It is crucial to find ways to guarantee a consistent supply of affordable housing in the future and prevent the current challenges from hindering private development. Read more:
Clearing obstacles
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