Industry Reports & Statistics

The worsening of the UK housing crisis is well publicised, with the Government vowing to deliver 300,000 new homes every year.  As land promoters, Catesby Estates are committed to helping deliver new homes across the UK.

The pressure on the housing market is significant with the demand for homes outstripping supply.  An increase in life expectancy, immigration, single person occupancy and the demand for second homes being just some of the contributing factors.

For many first time buyers and young people, house prices are out of reach, with ever increasing deposits and monthly payments reducing the number of owner occupiers.

As pointed out by the previous Secretary of State for Housing, Communities and Local Government (replaced by James Brokenshire on the 30th April 2018) ; Sajid Javid in his speech about the housing crisis, said "our housing market is broken". 

The main cause being cited as not enough homes have been built over the years, and the financial crisis ten years ago compounded this problem.

Philip Hammond, Chancellor of the Exchequer set out in his 2017 Autumn Budget, measures to tackle the housing crisis, including a £44bn package of investment, loans and guarantees to help facilitate the infrastructure and new homes that need to be delivered.

In an article by the BBC News, other experts appear to agree we need to be delivering 300,000 new homes per year:

Steve Hayes from the Chartered Institute of Housing, has said: "We would certainly agree with this - to meet existing and new needs, 300,000 is about right. Of course the key is what type of housing."

Prof Michael Oxley, director of the Cambridge Centre for Housing and Planning Research, agreed: "Saying we need around 300,000 per year for several years is not a bad generalisation, but this is more houses to meet the requirements of a growing population."

David Clapham, professor of planning at Henley Business School, said: "300,000 is the number required to meet annual demographic change. There is little evidence that this will impact on house prices unless it is sustained over a large number of years as new production is a small proportion of the total stock of housing."

He has also criticised the government's Help to Buy programme for making the problem worse by increasing demand and raising house prices further.

 

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Building a Recovery June 2020

Recommendations for stimulating the housing sector
Credit: LPDF
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Realising The Benefits Of Housing Delivery

How new development can help with infrastructure delivery
Credit: David Morris, Planning & Operations Director - Catesby Estates
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The Lay Of The Land

Covid-19 and the impact on housebuilding and land
Credit: Dawn Adams, Planning Manager- Catesby Estates
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The Green Belt - Is It Time For A Change?

The Green Belt and possible changes that could be made
Credit: Victoria Groves, Senior Planning Manager - Catesby Estates
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The Planning Lottery

Appeal successes
Credit: Ed Barrett, Senior Planning Manager - Catesby Estates
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BBC Briefing Housing

The UK is in the middle of a housing crisis
Credit: BBC
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Land Banking, Fact or Fiction?

A discussion around land banking
Credit: David Morris, Planning Director - Catesby Estates
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The new builds are coming

The benefits of new home delivery
Credit: Dawn Adams, Planning Manager- Catesby Estates
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What is a five year housing land supply?

And why is it so important?
Credit: Ed Barrett, Senior Planning Manager - Catesby Estates
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Does Your Land Have Potential?

What makes a site suitable for housing?
Credit: Victoria Groves, Senior Planning Manager - Catesby Estates
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Land Value and Development

LV has ‘taxed’ the minds of politicians for decades
Credit: David Morris, Planning Director - Catesby Estates
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What Housing Crisis? The Key Facts

5 key facts about the housing crisis
Credit: Dawn Adams, Planning Manager- Catesby Estates
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Scale & role of land promoters

The importance of land promoters
Credit: LPDF and Lichfields
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The Green Belt must be tackled

Radical action to deliver more homes
Credit: Institute Of Economic Affairs
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National Planning Policy Framework

Consultation Proposals
Credit: Ministry of Housing, Communities and Local Government
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Older People Housing Report

Housing for older people report
Credit: House of Commons Communities and LG Committee
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What Is The Future Of Social Housing?

277,000 people are now homeless in England
Credit: Shelter
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Priced Out?

Evidence of the housing crisis in England.
Credit: Institute for Public Policy Research

Statistics at a Glance

There has been an annual price rise of 1.3% in January 2020, which makes the average property in the UK valued at £231,185 - Land Registry
13% of the land area of the UK is greenbelt - Institute of Economic Affairs
The size of the green belt has more than doubled since 1979 - its total size growing from 721,500 hectares to 1,634,700 hectares - Institute of Economic Affairs
With an average (mean) deposit of £42,361 (£25,000 median), it is not surprising that 62% of first time buyers were in the upper two income quintiles - English Housing Survey 2018/2019
On average, those buying their home with a mortgage spent 18% of their household income on mortgage payments, whereas rent payments were 27% for social renters and 33% of household income for private renters - English Housing Survey 2018/2019
The overall rate of overcrowding in England in 2018-19 was 3.4%, with approximately 788,000 households living in overcrowded conditions. This has increased from 2.8% since 2008-09 - - English Housing Survey 2018/2019
In 2018, 18% or 4.3 million homes failed to meet the Decent Homes Standard - English Housing Survey 2018/2019
Of the estimated 23.5 million households in England, 15.0 million or 64% were owner occupiers - English Housing Survey 2018/2019