Britain’s under-resourced planning system is stopping homes from being built and deterring overseas investment.
Nine in 10 developers surveyed by law firm CMS said the planning system was slowing down development. An even greater proportion of the 270 questioned said the delays were the result of a lack of planning officers around the country.
The developers polled also flagged Brexit as an issue, with 73% saying it had discouraged investment in property. Nearly 90% said leaving the European Union had affected their supply chains.
About 75% criticised the government for not being “committed enough” to levelling up.
