‘Entirely avoidable’: Build-to-rent housebuilding slows as London planning wait doubles

cityam04-15 13:00

"London housebuilding is in an absolute state," a think tank director said The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning weight for London homes...

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planning wait doubles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-15 13:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/entirely-avoidable-build-to-rent-housebuilding-slows-as-london-planning-wait-doubles/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"London housebuilding is in an absolute state,\" a think tank director said The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning weight for London homes...</p>\n\n<a href=\"https://www.cityam.com/entirely-avoidable-build-to-rent-housebuilding-slows-as-london-planning-wait-doubles/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BGSX","symbol_name":"Build Acquisition 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three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.London is expected to build 88,000 new homes every year to meet the city’s needs but consultancy firm Molior has predicted that only 4,550 per year will be built in 2027 and 2028.The number of rental homes under construction in the capital fell by 29 per cent year on year to 12,134 in the first quarter of 2026, and starts fell 67 per cent to 1,048.Robert Colvile, director of think tank the Centre for Policy Studies , told City AM the drop-off in rental housebuilding is “disappointing but not a surprise”.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BGSX":"Build Acquisition Corp","CPS":"Cooper-Standard Holdings Inc.","BK4124":"机动车零配件与设备"},"translate_title":"“完全可以避免”：随着伦敦规划等待时间加倍，建租房屋建设放缓","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BGSX":1.5,"CPS":1},"content_text":"\"London housebuilding is in an absolute state,\" a think tank director said The construction of build-to-rent homes in Britain is in danger of grinding to a halt as the planning weight for London homes has almost doubled in this decade.The number of build-to-rent homes under construction has fallen for the ninth consecutive quarter, according to data shared exclusively with City AM.The government has pledged to build 1.5m homes by the next general election but leading figures in the housebuilding industry have warned that low demand and high costs have imperilled this target.Housebuilders say build-to-rent homes are a vital part of housing delivery, with many more young people now renting, as the average age of first-time buyers grows.\n\nLondon rental housebuilding drops offWhile 59,874 build-to-rent homes were being built in the first quarter of last year, this fell 17 per cent year on year by the first quarter of 2026, data compiled by trade body the British Property Federation (BPF) and estate agents Savills has shown.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe trade body said the government must recognise the “vital contribution” made by build-to-rent homes to overall housing delivery, with this housing contributing to nearly one in 10 new homes.The number of build-to-rent homes under construction has fallen a total of 22 per cent since the first quarter of 2026, to 49,984 in the first quarter of this year.Progress on new build-to-rent homes has collapsed even further, with construction starts having fallen more than 70 per cent in the last two years, from 19,044 in the first quarter of 2024 to 5,619 this year.\n\nThe construction of rental homes in London offers an even “starker” cause for concern, the BPF has said. \nLondon is expected to build 88,000 new homes every year to meet the city’s needs but consultancy firm Molior has predicted that only 4,550 per year will be built in 2027 and 2028.The number of rental homes under construction in the capital fell by 29 per cent year on year to 12,134 in the first quarter of 2026, and starts fell 67 per cent to 1,048.Robert Colvile, director of think tank the Centre for Policy Studies (CPS), told City AM the drop-off in rental housebuilding is “disappointing but not a surprise”.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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