There is f all profit for tradesman to work on new builds it’s not the lack of.
Yes but @Bry Nylon's premise is still valid. They bought up swaths of land in the 80s around towns & hired tenant farmers & probably continued to do so. Cheap farmland becomes building land sold at a premium.
But that’s big developers. Not “builders”.
Snob
I know a couple of builders and their aim per year is to (a) build and sell one house, (b) start another build and (c) be in the process of acquiring a plot for future development using the proceeds of (a). These tend to be 5 bed exec type places as that is where the margin is on a single dwelling build.
Yes. I've heard lots on the radio recently how the snails-pace planning process is also massively inhibiting development.
) often took many more years to complete than the deadline and failed to deal with the numbers shortfall during that long extra delay ... compared to other planning authorities. I know this for a fact with BHCC, a planning expert demonstrated this to me.If you are legally obliged to pay a yearly tax on your house, the penalty for non-payment would range from financial (including re-possession) to custodial. You’d be taking a compulsory loan to maintain an asset. It’s never going to happen and nor should it.
This. No housing developer is going put lots of the houses on the market and cause house prices to drop. Over 1 million houses have been approved through planning since 2015, but not yet built.
this is an area full of misleading information. there are said to be enough acreage/plots with planning for so many million homes, not seperating outline and full planning, or whether land will be used for residental or commercial development. the house builders, Barratt, Wimpey, Perismmon etc, report land banks in tens of thousands each or 12-18mths of building pipeline. then there are other developers who hold land in the various states of planning. my observation of several large developments is once final planning is granted, the builders break ground in weeks and houses go up in a year or so.
don’t worry about such little details as that ….
taxing homes on basis of house price rise wont build a single property, it'll just raise a slush fund for other purposes, while wrecking finances of many (honestly, asking pensioners to go into debt after a life of saving?). raising money isn't the problem, simply allow councils to fund building, open planning to allow them and private developers to build where they need to.