Developers are sitting on land for more than 130,000 homes in England that have never been built – the worst gap on record, according to new analysis.
The record gap between planning permissions granted and new homes being built has led to calls for tough new penalties to be enforced against developers that sit on land rather than build.
Earlier this year, it was reported that Labour was considering forcing landowners to give up sites for a fraction of their value in an effort to slash the cost of council-housebuilding.