More houses needed, says Government adviser

planning_officer

CLAPTON wrote: »

Sadly it is the government that decides how many 'affordable' units are built as a condition of being given planning permission. (ps... affordable is government code for very very small )

It's local government - i.e. local planning authorities that decide how large a proportion of houses will be affordable, although the figures do ultimately get guided by Government.

However, you misunderstand 'affordable' - it has nothing to do with the size of property. In the simplest terms, it is a subsidised dwelling (i.e. for sale at less than the market rate for such a property) - so yes, it could be a tiny 1 bed studio flat, but equally it could be a 3-bed detached house. Whilst most do tend to be smaller dwellings, this is not the case all the time.

dopester

Really2 wrote: »

Family homes are needed I am debating this on another thread.

Apparently their are 17.1M family's in the UK but they only have around 15M properties to fit in to.

That is why houses are falling less than flats. If they don't get it sorted it is just going to be HPI al over again.

Where did you get that 15M home/properties figure please?

Couldn't see it in the OP's link to the PDF, and question what was in there anyway... such as demand for 2nd homes.

Maybe increasing demand to sell second-homes at a price the owner would like, and no longer leave them sitting empty for most of the year, like many did, with good old HPI banging up the values as others bought in at higher prices.

I've been trying to search out clearer data on it (UK homes total, or England and Wales total).

Also, please can you help me with a calculation? Say at the end of 2007:

"Mortgage debt accounts for only 30% of the value of the UK's £4 trillion worth of housing assets," he added.

Say immediately after writing that article, housing assets all crashed by 20%, what would be the % of mortgage debt to the revalued new total of housing assets?

That of course wouldn't reflect exactly where we are today.

bo_drinker

gjchester wrote: »

I wonder how much this bit of blinkingly obvious common sense cost to research and publish?

Lots, but pound to a pinch of !!!!!! nothing will come of it now or when Dave has a go at the wheel

vivatifosi

dopester wrote: »

I've been trying to search out clearer data on it (UK homes total, or England and Wales total).

There's data on the English housing stock here, if that helps:
http://www.communities.gov.uk/documents/housing/pdf/housingstatistics2007.pdf

Table 1.1 - Dwelling stock by Tenure 2007

Headlines:
Total stock of dwellings: 21,989k
Of which:
Owner occupied: 15,442k 70.2%
Private rented: 2,611k 11.9%
Rented from registered social landlords: 1,850k 8.4%
Rented from local authorities: 2,086k 9.5%

Table 1.4 - When dwellings were built (to show distribution relative to population growth):

Before 1851 4%
1851-1918 16%
1919-1944 19%
1945-1964 22%
1965-1984 25%
1985-1994 7%
1995 on 7%

Table 1.5: type of accommodation:

Housing total 82% - Detatched 23%, semi 32%, terraced 28%
Flats/maisonettes total 16% - purpose built 12%, converted 4%
Other 1%

(there are some rounding issues, but interesting stats nevertheless), does that help?

dopester

vivatifosi wrote: »

There's data on the English housing stock here, if that helps:
http://www.communities.gov.uk/documents/housing/pdf/housingstatistics2007.pdf

That is a very interesting document. Lots of detail. Thanks vivatifosi.

dfh

This country is heading for a complete meltdown,I am afraid.

Really2

dopester wrote: »

Where did you get that 15M home/properties figure please?

Couldn't see it in the OP's link to the PDF, and question what was in there anyway... such as demand for 2nd homes.

Maybe increasing demand to sell second-homes at a price the owner would like, and no longer leave them sitting empty for most of the year, like many did, with good old HPI banging up the values as others bought in at higher prices.

I've been trying to search out clearer data on it (UK homes total, or England and Wales total).

Also, please can you help me with a calculation? Say at the end of 2007:



Say immediately after writing that article, housing assets all crashed by 20%, what would be the % of mortgage debt to the revalued new total of housing assets?

That of course wouldn't reflect exactly where we are today.

Hi mate,

Just form the BBC link the graph/chart seems to indicate 15M house holds are multi occupancy.

but then it is the BBC:)

CLAPTON

planning_officer wrote: »

It's local government - i.e. local planning authorities that decide how large a proportion of houses will be affordable, although the figures do ultimately get guided by Government.

However, you misunderstand 'affordable' - it has nothing to do with the size of property. In the simplest terms, it is a subsidised dwelling (i.e. for sale at less than the market rate for such a property) - so yes, it could be a tiny 1 bed studio flat, but equally it could be a 3-bed detached house. Whilst most do tend to be smaller dwellings, this is not the case all the time.

Nonsense if you really are a planning officer then I dispair.

The targets for affordable housing (mandatory and compulsory) are set by central government and NOT local governament.

I was being sarcastic about the definition of 'affordable housing being very small .....' obviously NO governemnt department would say such a thing.

And if you are saying that 'affordable ' is subsidised please provide a reference for such nonsense.

dopester

Thread title: More houses needed, says Government adviser

More affordable homes, including those from existing stock are needed too.

So for 2005, if we add the 'owner occupied' homes with the privately rented stock (the landlord/owner still has option to sell):

17 million, 822 thousand homes.

In 2006, if we ignore property selling for below £40K, less than 10% of that 17 million residential housing 'stock' (England) was bought/sold over the 12 months of 2006, according to data below.

(1,405,000) 1.4 million residential property transactions in England in 2006.

Did it average around 7% - 10% of private residential home stock being bought/sold each year 1997 onwards? I'm guessing it just about did. (Until the huge drop-off in 2008)

2006 quite a vintage year for HPI for nearly all existing owners, because those doing the active buying at the margins were buying at higher prices than the year before. Thus pushing up market values of homes for all existing owners.

HM Revenue & Customs.
Property Transactions in the United Kingdom

Snippets. Clicking images link to each full PDF source.

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dopester

Really2 wrote: »

Hi mate,

Just form the BBC link the graph/chart seems to indicate 15M house holds are multi occupancy.

but then it is the BBC:)

Well it seems about right for owner-occupier. Adding private rented stock, takes it to about 18 million in 2006, according to vivatifosi's source.

Chucky.. do you have that graph.. you know.. the one you posted a few months ago, showing number of rental properties compared to occupier-owner properties?

I've been searching for it but couldn't find it. Want to compare it with vivatifosi's source data.