Housing planning permissions leap 36%
Published: 19 December, 2012
Planning approvals for houses in Britain rose 36% in the third quarter of 2012, figures from the Home Builders Federation show.
Approvals were granted for 33,881 homes in Q3 up from 24,872 in the previous quarter and up 17% on Q3 of 2011. But the rate still fell short of the 60,000 approvals needed to meet demand the Federation says. Stewart Baseley, executive chair of the HBF, said the results were "hopefully a reflection of the positive planning principles of the new system".
"It is just one quarterly increase and we are still well short of the number needed but we hope it starts a trend that will continue in 2013," he said.