The newest marketplace exploration by property growth appraisal application, APRAO, has revealed that all but 1 of the significant housebuilders have observed a reduction in the quantity of land banking plots held on an yearly foundation.
APRAO analysed the newest once-a-year experiences of the seven main Uk home developers, seeking at total land banking plots held and how this whole compares to the prior yr.
The figures exhibit that some 501,691 land bank plots are now held by the big housebuilders, a reduction of -5.4% on the 530,378 held the prior 12 months.
Barratt Developments has seen the greatest decrease in the quantity of plots held inside its land lender, down -13% year-on-12 months.
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