Half of approved homes not built

19th January 2018

Research from London First and Grant Thornton shows that 46% of homes granted planning permission in London have not been built. They found that of 54,941 homes approved in 2014, just 29,701 had been built by 2017. Jasmine Whitbread of London First said: "Unless we get to grips with the housebuilding hold-ups, generations of Londoners will be priced out”.

Evening Standard (17/01/2018)