Planning permission not the hold up to building houses

mwpt

princeofpounds wrote: »

To anyone who has a speck of experience with the system on a commercial basis, this will come as no surprise.

But unfortunately this is a large amount of BS from the LGA.

Thanks for the info.

HAMISH_MCTAVISH

mwpt wrote: »

Could you explain exactly what you mean by mortgage rationing?

An abnormally low volume of mortgages being issued due to changes in banks ability to lend as a result of external forces at work.

HAMISH_MCTAVISH

Or to put it another way....

UK mortgage approvals:



House building in England:



Population:



Rents:



House Prices:



You can't cure a housing shortage by restricting lending, you only make it worse.

And its the shortage, not lending, that ultimately drives up prices and rents.

Mortgage rationing is worsening the housing shortage, so is therefore driving up prices, and sending rents to all time record highs.

mwpt

HAMISH_MCTAVISH wrote: »

An abnormally low volume of mortgages being issued due to changes in banks ability to lend as a result of external forces at work.

1) That graph just shows a low volume of mortgages being issued. It doesn't state the reasons for that.

2) Sub prime and 100%+ mortgage lending were the ones culled. Do you believe those should make a return?

3) Can you correlate mortgage lending in Britain with house building over a longer period? I genuinely want to learn here. The last figures I saw had house building decreasing from the 90s, all while mortgage lending increased.

stator

The answer is simple. Council lead house building.
Give councils the power and funding to compulsory purchase land, design the estate, get planning permission and then sell off individual plots or groups of plots to anyone willing to build.
You'd see a boom in house building. The big house builders would love it because they could buy pre-approved plots to build without going through 10 years of development hell. Smaller builders would get involved, taking on one plot at a time. Self build would be a lot easier for anyone who wants to.
They need to change the question from, "is this a suitable place to build houses?" around to simply "where is the most suitable place to build" and then compulsory purchase the land at it's current use value (not development value) and then the land owner gets a share of the profits after the plots are sold.

princeofpounds

The answer is simple. Council lead house building.

arghhh no!


Why on earth would you let a bureaucracy erect barriers to people building their own homes, and then fund even more bureaucracy to overcome those very same barriers?


The state has been consistently responsible for some of the worst housing ever imposed on this country (apart from the minimum room sizes and the playground provided for the addicts to smoke weed).


I do agree however that the question has to change from 'can you build' to 'where can you build'. But that is a question of zoning in the master development plans, not planning permission.

mwpt

A friend has just built his own house in Perth, Australia. The ability to do this is common in other countries. I really don't know enough about the UK structures to understand why it isn't like this here but I wish it was. All I hear is "NIMBY" and "green belt" without really understanding the intricacies.

EDIT: I also don't know a huge amount about the housing market in Perth, but I understand there is definitely land and mortgages available, and yet prices still went up like crazy.

HAMISH_MCTAVISH

mwpt wrote: »

I also don't know a huge amount about the housing market in Perth, but I understand there is definitely land and mortgages available, and yet prices still went up like crazy.

Mortgage availability and lending standards across the UK are essentially identical.

Yet a 3 bed Victorian terrace in London can cost £1,000,000, and in the North of England can cost £50,000.

If not supply and demand, then why the difference?

In Australia, house prices in Melbourne have risen by 11% in the last year, while house prices in some of the mining towns affected by closures have fallen 50% in the last year. Mortgage availability and lending standards are essentially identical across Australia.

If not supply and demand, then why the difference?

mwpt

HAMISH_MCTAVISH wrote: »

Mortgage availability and lending standards across the UK are essentially identical.

Yet a 3 bed Victorian terrace in London can cost £1,000,000, and in the North of England can cost £50,000.

If not supply and demand, then why the difference?

In Australia, house prices in Melbourne have risen by 11% in the last year, while house prices in some of the mining towns affected by closures have fallen 50% in the last year. Mortgage availability and lending standards are essentially identical across Australia.

If not supply and demand, then why the difference?

Aren't you contradicting yourself? If mortgage availability is the problem, then why with the same availability are prices falling in one area but rising in another? Could you point out where I said anything about supply and demand? Could you explain how you believe that mortgages are being rationed too strictly at the moment, with specifics on what isn't available?

Can you elaborate on build completions since the 90s and the availability of mortgages since that period? You seem to be focussing on data that suits your view since 2008ish.

cells

builders need a stock of a couple of years of permission to have a viable business they can not complete one project and then fire everyone until the next permission is gained. Also a lot of the larger projects receive planning permission but its takes a long time to get a final yes it might be due to revisions or various conditions (eg environmental searches that might take months)

Also some planning permission is worthless whereby the build costs is more than the final worth of the house.

There is however a clear and easy way to prove that planning permission is a huge factor in build rates. You look at the data on a council basis not on a national one. So look up all the councils look up how many permissions they have given over the last 10 years and how many homes were built over the last 10 years. You will find a very strong correlation (I did it for 5 councils and its pretty clear councils that issue more stamps see more building). How can it be anything else? The builders cant build more than the issued stamps its beedin obvious