Financial Times FT.com

Housebuilders own large area of usable land

By John Willman,Business Editor

Published: June 13 2007 03:00 | Last updated: June 13 2007 03:00

The nine largest housebuilders own enough land with planning permission to build almost 225,000 homes - more than double the number of houses they build annually, according to Britain's planning professionals.

The Royal Town Planning Institute says that five of the top housebuilders have more than three years' supply of land with planning permission, two have more than four years and one - Berkeley - has enough for the next six and a half years.

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