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Permissions to land: Busting the myths about house builders and ‘land banking’

Posted on: 9 May 2014
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Filed under: News

The Home Builders Federation has published a report which claims that house builders are not hoarding land. Research showed that 63% of land that Britain’s larger housebuilders own is on sites under construction. The Federation said that with the nature of large sites, homes would be at various stages of completion and take years to build out. The report found that most of the remainder of the land was in the planning pipeline without an implementable consent. Only 4% had an implementable planning permission, with work not yet started on site.

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