0.2% of 100,000 New Homes target met by Government.

When the need for new homes appears to be at a critical level, recent reports in the media shows that only a tiny fraction of what could have been built as in fact resulted in actual new homes.

Public land that has been sold by the Government between years of 2011 and 2015 show that enough was released with potential planning to allow for approximately 100,000 new homes.

Melanie Dawes who is the most senior civil servant is said to currently only have confirmed evidence of 200 new homes having been built which is merely 0.2% of the amount that could have been in a most needy time for ‘new homes’! She is quoted as saying that released land can take time to gain planning (even 20 years sometimes) and thus be built on, but the figures been quoted really merit further investigation as it in not providing for the needs of the growing population of the country.

A report in July 2015 by Civil Service World quoted that “National Audit Office spending watchdog, published last month, found that DCLG did not “routinely monitor” what happened to that land after it had been disposed of, meaning there was “no information” on the actual number of homes that had been built on sold land. ”

A full report in detail can be read via FT.com following a piece by Political Correspondent, Kate Allen.

 

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Ignoring these simple winter property maintenance tasks could cost you big time

The latest research from nationwide cash buying company and quick sale specialists, Springbok Properties, has revealed that failing to complete some of the most common winter home maintenance tasks could cost homeowners thousands of pounds, as ignored issues turn into major repair jobs over the colder months. Springbok Properties analysed a series of essential winter…
Read More
how to present your property for sale
Breaking News

Half of first-time buyers delaying until after the Budget

The latest research from eXp UK has revealed that almost half of first-time buyers (47%) have paused their homebuying plans until after the Autumn Budget, as uncertainty around potential tax and housing policy changes continues to weigh on buyer confidence. However, it’s not short-term tax tweaks they’re waiting for. The survey of aspiring homeowners, commissioned…
Read More
Breaking News

Moneyfacts Average Mortgage Rate dips below 5%

The Moneyfacts Average Mortgage Rate has dropped below 5%. The latest analysis by Moneyfactscompare.co.uk reveals how the rate has changed over time.  Rachel Springall, Finance Expert at Moneyfactscompare.co.uk, said: “Borrowers will no doubt be thrilled to see mortgage rates drop, particularly the millions due to come off a cheap fixed rate before the year is…
Read More
Breaking News

Does the market even need a Budget boost?

The latest market analysis from London lettings and estate agent, Benham and Reeves, has suggests that, despite mounting speculation around what support might come for homebuyers in the forthcoming Autumn Budget, the UK property market is already showing impressive stability and resilience – raising the question of whether it even needs a policy boost at…
Read More
Estate Agent Talk

What You Need To Consider Before Diving Into Property Investments

Are you interested in exploring property investments? This is a smart choice because it means that you can explore ways to diversify and grow your finances, even over a limited period. That said, there are lots of factors that you need to consider here to make sure that you are going to be able to…
Read More
Breaking News

Forget kerb appeal: LRG report reveals what really triggers a homebuyer’s offer

One of the UK’s largest property services groups has published its debut sales report, uncovering what genuinely persuades buyers to make an offer – and the findings challenge the traditional focus on kerb appeal. While sellers often guess which improvements will pay off, the data shows where money is well spent and where it’s wasted.…
Read More