By John Wallace 2023-12-07T05:00:00
The suggestion that housebuilders deliberately landbank is, to put it bluntly, poppycock, writes John Wallace
The Competition and Markets Authority’s interim report into the housebuilding sector found that landbanking by large housebuilders had increased over the last decade and said it was “concerned that competition may be being distorted if land is held for longer and in larger quantities than is necessary”, noting that some landbanking is unavoidable given the time taken to identify and procure land and then put it through planning.
The reality is that developers are not incentivised to landbank, but that delays to the building
You are not currently logged in. Subscribers may LOGIN here.
A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders, data and research - including our popular annual league tables. You will receive:
Get access to premium content subscribe today