Key Takeaways
- Local Plan coverage remains incomplete after the prolonged uncertainty of recent reform. Only a fifth of LPAs have a Local Plan that has been adopted or reviewed within the last five years.
- The number of new planning consents granted has fallen below the number of new homes being completed for the first time since 2008/09, suggesting a substantial contraction in future supply.
- Housing delivery is not aligning with economic growth. There is a shortfall in local plans of over 35,000 homes against standard method need calculations in the areas with the highest forecast economic growth over the next five years.