New home planning permissions in England have reached their highest level since 2008 according to figures released by the Home Builders Federation and statistics also released today show that both starts and completions of private sector homes were up in 2015, by 8% and 20% respectively.
The HBF/Glenigan Housing Pipeline report finds that planning permission was granted for 59,875 homes in England during the third quarter of 2015, up 12%. The report shows that 242,819 permissions were granted in the months to October, the highest moving annual total since early 2008.
The government stats reveal that in total 143,560 new build homes were started in 2015, up 6% on last year. Of these 119,210 were private sector (up 8%), 22,680 housing association (down 1%) and 1,670 local authority (down 36%). Quarterly figures show that there were 31,100 private sector starts in the final three months of the year, 24% up on last year.