The flow of positive news for the construction and housebuilding industry can no longer be ignored, in fact, we are being drowned in a tidal wave of great news! The latest being the figures revealed in the most recent Home Builders Federation's Housing Pipeline report where the number of new home planning permissions granted in England in Q3 was 31% up on 2012, this confirms a very significant and clear increase in housebuilding activity.
In all 44,251 permissions were granted in Q3, 19% up on the previous quarter. This is the highest Q3 figure since 2007. The 12 month total to September is 166,978, 44% up on the 2011 low.
"This is the latest indicator to show how the industry is looking to quickly increase output," said HBF executive chairman Stewart Baseley. "We have already seen evidence of a rise in new homes starts and these figures show the industry's intent to increase and sustain that over the next few years."
Pinnacle Consulting is a leading sales and marketing recruitment specialist for building products manufacturers and distributors. www.pinnacleconsulting.co.uk
Call us on 01480 405225.