Rise in ‘uncommenced’ planning permissions linked to land speculation in housing market

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Rise in ‘uncommenced’ planning permissions linked to land speculation in housing market via IrishTimesBiz

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“Acquiring planning permission on land that is held as an asset could add value to the land by reducing risks or delays associated with the planning process by developers,” it said. It examined planning refusal rates, the timing of planning decisions and the number of those decisions that were appealed while highlighting the potential factors that could delay or prevent commencement once planning is obtained.

Those with the lowest refusal rates were Tipperary , Leitrim and Cavan . Refusal rates were higher for multi-unit developments compared with single-unit developments . Some 45 per cent of appeals were refused, 44 per cent were granted, while the remaining 11 per cent had other outcomes, such as being withdrawn. The average appeal decision time was 20 weeks.

 

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