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Decline in new homes

Series: Construction News ; (6745) 6 December 2001, 5(1)Publication details: 2001Subject(s): Summary: Newly released government housing statistics reveal that only 58,000 homes were built in London and the South-East between 1996 and 2000. Meanwhile, the number of buyers searching for new property rose by more than 6% to 184,000 over this period. House builders are blaming exorbitant planning gain demands, known as s106 agreements, for this fall in the number of new homes.

Newly released government housing statistics reveal that only 58,000 homes were built in London and the South-East between 1996 and 2000. Meanwhile, the number of buyers searching for new property rose by more than 6% to 184,000 over this period. House builders are blaming exorbitant planning gain demands, known as s106 agreements, for this fall in the number of new homes.