Glenigan/ HBF Housing Pipeline Report 

Official figures released today show that there were 241,130 net additions to the housing stock last year – of which 214k were new build completions – the highest number since the 1980’s. They show that the unprecedented increase in housing supply of recent years has continued despite the ongoing political and economic uncertainties. The figures mean that in the past six years, housing supply has almost doubled (up 93%) since a low of just over 124k in 2012/13. Over a million homes have been added to the housing stock in the past five years.

A separate report released today by the Home Builders Federation and Glenigan suggests that, assuming a level of stability, these increases will continue. The latest Housing Pipeline report, that measures the number of outline planning permissions granted, shows that almost 380,000 permissions were granted in England in the year to June. These permissions, that in the main will be built over the next three or four years once processed by the planning system, demonstrate the commitment of the house building industry to delivering the Government’s housing targets by maintaining record levels of investment in skilled workers and new sites for future development.

Click here to download the report.

Notes:

• The Home Builders Federation (HBF) is the representative body of the home building industry in England and Wales. The HBF’s member firms account for some 80% of all new homes built in England and Wales in any one year, and include companies of all sizes, ranging from multi-national, household names through regionally based businesses to small local companies: www.hbf.co.uk
• Glenigan is the UK’s leading provider of construction data, contract leads and construction market analysis. Combining comprehensive data gathering and exhaustive research with detailed statistical modelling and expert analysis, it delivers a trusted insight into UK construction trends and activity.
• The housing approvals data analysed in this report is drawn from Glenigan’s extensive database of current and planned construction projects. Glenigan’s detailed coverage of planned housing projects across the UK offers valuable strategic and tactical insights into developers’ active sights and pipeline, with sites tracked through to completion. www.glenigan.com
• ‘Permissions’ are measured when the first ‘reserve matter’ attached to the consent is approved. Before an ‘implentable’ permissions is granted that allows work to start on site, a planning obligations (S106) agreement will almost always have to be agreed and signed and all pre-commencement planning conditions attached to the permission have to be discharged. Some permissions will have up to 100 conditions attached.