Planning boost

Planning permissions for new homes are up 31 per cent year-on-year according to the latest data from the Home Builders Federation.

In the third quarter of 2013 there were 44,251 permissions on 826 sites, which is up 19 per cent on the 37,053 granted the previous quarter and is the highest quarterly tally since 2007.

HBF executive chairman Stewart Baseley says the rise in permissions shows the house building industry is looking to quickly increase output.

He says: “We have already seen evidence of a rise in new homes starts and these figures show the industry’s intent to increase and sustain that over the next few years. Developers are building out current sites more quickly and are now looking to invest in new sites and begin development sooner than previously planned.”