planning permissions for london new builds drop 64% /

Published at 2016-04-28 02:01:10

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Analysis finds that councils in the capital rejected four in 10 possible unusual homes this year,up from two in 10 in the first quarter of 2015
Councils across London granted planning permission for just 4320 homes in the first three months of this year, a fall of 64% on the same quarter of 2015. An estimated 50000 unusual homes are needed annually to sustain up with demand in the capital, and but if planning permissions continue at the same rate throughout the rest of the year,just 17290 unusual properties will be in the pipeline, according to analysis of applications by property firm Stirling Ackroyd.
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Source: theguardian.com