Successful planning grants on the rise

According to government data, despite planning applications falling by a quarter, the last 10 years has seen the percentage of successful grants grow from 82% to 88%.

Related topics:  Property
Warren Lewis
7th November 2017
planning

Total planning applications have dropped since the economic crash of 2007, but better planning guidance and a relaxation of planning rules are seeing more applications granted than ever before. In the year ending 31st March 2017 there were 18 places in England where 100% of major development applications were accepted, including in North York Moors National Park, Halton, Adur, and Lincoln.

During the same period, the least likely place to get a major planning application granted was Epsom and Ewell where just 38.46% were granted. Spelthorne (50%) and Bournemouth (52.08%) also saw a low success rate.

The data was uncovered by Pure Commercial Finance, a brokerage which specialises in financing commercial projects as part of its campaign to help investors know more about the development process.

Ben Lloyd, Co-Founder and Managing Director at Pure Commercial Finance, said: "Commercial property finance is our bread and butter and we help arrange funding for development projects across the country on a daily basis, so we were intrigued to see where these were most likely to get permission and at what rate.

We are pleased to see a number of planning bodies across the country are keen for the redevelopment and expansion of property on offer in their areas, and are delighted to provide our current and future clients with an insight into this data."

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