Thursday, Sep 30, 2010
Chairman of Redrow speaks out against planning [PDF]
PropertyWeek: UK Housing - Where did it all go wrong
"Why has supply dried up? Why are there now only 8 quoted house builders? Why is the house building industry one of the most inefficient industries in the UK?" In one word: Planning. It has now become the norm that more people are involved in the preparation of the countless reports required to accompany planning applications than are employed on site building the houses. Redrow last year spent more money on planning and planning related fees than it did on bricks.
Posted by drewster @ 01:10 PM (695 views) Add Comment
3 Comments
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1. Maske2g said...
I imagine Redrow would be happy to sell to foreign nationals like most new builders, lining their own pockets, pricing many Brits out of the market, and causing the negative issues that he talks about.
If they could build more, all they would throw up are another load of legoland houses and flats.
Has anyone seen their Rodings development in Debden? Now Debden is not a desireable place to live as it is. To live here means you are living with benefit cheats, and jobless parents who don't care about the properties because the council pay there way for them. Their prices? 290K for a small 3 bed terrace. This bloke is a hypocrite.
2. enuii said...
Nothing new here then as it is exactly the same in most other UK industries from Engineering through to Transport and Chemical Plants where the biggest overhead is the paperwork and hangers on required to do just about anything.
3. tenyearstogetmymoneyback said...
As implied on South Today a couple of months ago the problem is that if they build more properties then the value of those in the surrounding area might be reduced. The boss of a building firm about to start a large development (on a BrownField site) was having
to counter this accusation. The best he could come up with was that people wanted to buy homes to live in. I felt quite sorry for him.