London’s missing homes: why can’t we turn planning permissions into houses?

Yesterday, London First released the latest round of their analysis of planning and housebuilding in London. The headline is stark – almost one in two planning permissions in London aren’t turning into actual homes.

The scale of the problem

A total of 54,941 new homes received planning permission in London during 2014. Planning permissions generally last three years before they expire – so we would expect these to have been built or at least started by the end of 2017. … Read more