A new report by the Home Builders Federations indicates that planning permissions for new homes are at their highest level for six years.
177,731 outline planning permissions were granted in the year up to March 2014; not since 2008 has there been as many.
However, the good news for housebuilders and suppliers of building products must be tempered by the knowledge that the number of sites for which consent to build was granted actually fell between the last quarter of 2013 and the first of 2014.
According to the HBF, this means that there is much work required by the government to maintain the momentum of recovery so that outline permissions could become implementable projects.
“Everyone wants to see housebuilding levels increase and government should act now to speed up the planning process. It should ensure local authorities have adequately resourced planning departments that can cope with the new level of demand so they can meet their housing and planning obligations,” confirmed Stewart Baseley, executive chairman of the HBF.