On Monday 19th October the Bishop of St Albans received a written answer to a question on stalled housing developments:
The Lord Bishop of St Albans: To ask Her Majesty’s Government, further to the Written Answer by Lord Greenhalgh on 1 October (HL8296) and the White Paper Planning for the Future, published on 6 August, what assessment they have made of the reasons for low market absorption rates as the responsible factor for stalled developments. [HL8828]
Lord Greenhalgh: Sir Oliver Letwin’s 2018 independent Review of Build Out provided a comprehensive assessment of build out rates for large residential sites which identified low market absorption rates as a key constraint. A copy of the report can be found at:
https://www.gov.uk/government/publications/
