England's house building pipeline at record low

The number of new homes being built in England is at its lowest point since records were kept 17 years ago, and there is increased pressure on the election winner to address the country's "deepening housing crisis." According to the Home Builders Federation's most recent pipeline assessment, just 2,472 sites received planning clearance in the first half of this year, which is the lowest quarterly total since records began in 2006. The housing pipeline is lower now than it was in 2009, when the county was in the "depts of a recession," according to Stewart Baseley, executive chairman of the Home Builders Federation. In order to build 1.5m more homes, Labour, which is presently leading in the polls, has pledged to change the planning regulations. 

City AM (11/06/2024)