Facts and Figures

House Price Calculator: Affordablity – rent or buy?

Find the most affordable places to live in the UK – and is it cheaper to rent or buy? Try the BBC’s calculator to find out more

Choose rent or buy, how many rooms you want the property to have and how much you’d like to pay each month. (Source: BBC News)

BBC News House Price Calculator

Planning Permission

Outside of London, there are approximately 541,000 dwellings with outline planning permission on sites of over 100 units.

Specialist land developers and promoters are responsible for securing outline planning for 41% of these dwellings, the volume housebuilders are responsible for 32%.

Approximately 100,000 dwellings are held in outline permissions secured by the public sector and other civic bodies, 20%.

The planning process: analysis estimates that for sites of 500 units or more the average time prior to the submission of the first planning application is 3.9 years while the average planning approval period until the firs house is delivered is between 5.3 and 6.9 years.

In a sample of 14 land developers and promoters it was found that 20% of sites and 17% of units were sold to the largest three volume housebuilders during the last three years, half of sites and 65% of units were sold to the 4th-25th largest housebuilders while almost one third of sites and 18% of units were sold to those outside of the largest 25.

In a sample of 14 land developers and promoters it was found that 20% of sites and 17% of units were sold to the largest three volume housebuilders during the last three years, half of sites and 65% of units were sold to the 4th-25th largest housebuilders while almost one third of sites and 18% of units were sold to those outside of the largest 25.

Credit: Realising Potential – The scale and role of specialist land promoters in housing delivery – March 2018

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