"Planning delays and rising costs are crippling smaller builders, yet they play a vital role in addressing our housing crisis," says Neil Jefferson, CEO of the HBF. He added, "Addressing the chronic underfunding of local planning is essential to alleviate the logjam in approvals and support home builders in their efforts to meet demand."
The report reveals a staggering 51% of SME builders waiting over a year for planning permissions, underscoring the need for reforms to streamline the process.
Rising costs are compounding the issue, with 56% of builders reporting a 30% increase in planning expenses over the last three years, exacerbating the barriers they face.
With only 1% of SME builders receiving approvals within three months, the system is mired in inefficiency, hindering potential contributions to addressing the housing crisis.
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