More than a million plots owned or controlled by 11 largest housebuilders, says regulator
By Olivia Barber2023-11-27T11:19:00
The Competition and Markets Authority is seeking feedback on land banks and planning rules as part of its probe into the housbeuilding market
A total of 11 housebuilders own or control an estimated 1.17 million land plots across more than 5,800 sites in Britain, a Competition and Markets Authority (CMA) working paper has found.
The number of land in long-term land banks is equivalent to around 658,000 plots, while the short-term land bank is smaller, at around 522,000 plots.