While local authority planning committees have been getting on with business using virtual conferencing platforms such as Zoom, Teams or Webex, there are still hold-ups frustrating developers who want to getting Britain building, it seems.
For Urban & Civic, this is particularly acute at Catesby Estates, the strategic land promotion business that it acquired in 2015.
“Land sales in Catesby have been delayed, not through a lack of house-builder demand but on account of slowed Section 106 agreements resulting from the additional complexities of planning and legal officers working remotely,” Urban & Civic said.
However, it added that there were encouraging signs. “The first post lockdown sale was completed last week, with a second conditional contract outstanding. Catesby currently has a further four consented sites awaiting local authority finalisations.”
Average contracted and indicated prices are at least matching pre lockdown expectations, it added.
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