There is a well documented housing crisis in England, especially in the south of the country where property prices are at or near record highs, mainly because there is a severe lack of homes on the housing market, but this trend could be reversed if housebuilders were permitted to build significantly more new homes on the green belt, according to the National Association of Estate Agents.
The housing market may have ended 2016 on a positive note, according to the latest report from the NAEA, with the prospective number of buyers registered with the average agency branch increasing by 12% to 386 in December. But with the average estate agency branch having just 41 properties on its books, the supply of housing on the market remains low, which in turn is driving up house prices across parts of the UK.
Mark Hayward, managing Director, NAEA, said: “We are not advocating building on ancient woodland; however, we do believe the green belt policy should be reappraised. Let’s not allow objections to building on the green belt help further deteriorate the housing crisis.”