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Market researcher predicts buoyant self build market despite recent slowdown

19 January 2016

A lead economist is predicting an upturn in the self build market, despite new figures showing minimal growth in the number of planning applications for new self build homes in 2015.

Just under 18,000 were submitted last year, 30 per cent below the historic 2010 peak figure. The latest data from construction industry analysts Barbour ABI also indicates that self build planning applications in 2015 were the second lowest for eight years, with only 2014 faring worse. These figures are more surprising considering the apparent turn-around over the last two years within the housing market.

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Commenting on the figures, Barbour ABI's Michael Dall said: "With a Government-backed £350 million boost to funding for self build and a commitment to removing the main barriers that hold back many thousands of custom build projects every year, the news is not encouraging that self build planning applications are still below the levels that they were in the midst of the recession.

"However with the recent changes that have come into force, such as councils freeing up more land for self build and an increase in grants available, this should have a positive effect on the forecasted number of self build applications in 2016."

The custom and self build industry turns over £4 billion a year and provides a substantial amount to the national economy. And in October the Government released the Housing and Planning Bill which it hopes will spark a national transformation from 'generation rent into generation buy' with a target of building 20,000 self-build homes a year by 2020.

Comments  

 
#1 John Cattermole 2016-01-29 17:07
I would not be so confident when the planning inspectorate and local parish councils use the housing minister's planning guidance from March 2015 to refuse applications due to non-specific 'harm' to the character of villages. We fell foul of this despite a list of benefits as long as your arm. Para 55 is only for the mega-rich and code 6 zero carbon houses are apparently not exceptional even though very few have been built. The current trend for local neighbourhood plans will set us back further because the councillors want no change. In fact our local parish has suggested our house is affordable and should stay that way by removal of permitted dev rights. So we can't improve or self build. The current situation is a nimby's charter. It's depressing.
 

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