TerraQuest News
- Jun 2021
Planning Market Insight Report: 63,497 planning applications submitted throughout May
The headlines
For the second month in a row, planning application submission numbers have dropped from the peak we saw in March. A total of 63,497 planning applications submitted throughout May 2021, a 3% decrease on the previous month.
Compared to May 2020, when the country was starting to recover from the initial lockdown restrictions, there has been an increase of 52%.
The average number of applications submitted per working day in May was 2,710; an increase of 54% daily.
This month’s report highlights
Is the bounce back of application volumes seen since last June finally starting to slow?
Last year’s figures paved new paths in application submission activity, but 2021 appears to be following the historic patterns.
Is the North East reaping the rewards of investment?
An area that historically has received little attention, this region has seen a month-on-month increase in application submissions for three months in a row.
Local Planning Authorities: The Core Cities
We have spoken to many organisations about their experiences over the last year, but how have the Core Cities adapted?
Applications by type
We have measured cause for optimism as Full Planning applications and associated consents see a 32% increase on figures from April.
Featured content: Performing against expectations – residential property
This month Emily Williams, Associate Director of Residential Research at Savills, discusses the recent market drivers and questions what the future will look like.
Planning Application Fees
Fees were down by £2,451,882 since April 2021, but still a 52% increase on May 2020.
And much more!
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The above article was provided to us by the Planning Portal.