Quote Originally Posted by jon1959 View Post
And if they could turn a bigger profit by sitting on the sites, that is what they did.

If you are so insistent that land banking never happened tell me what Henry Boot, Keepmoat and Kier were doing with their development sites in South Yorkshire in the period I described. I was working with them, talking to them, talking to the planning and development officers in the council, reading the reports and even visited a few sites.

No doubt you know better - so just give me the headlines on the real story.
It’s not still a thing though.

It will be again one day sitting on granted planning permissions if we have another massive collapse, but what’s the point developing when they can’t sell them anyway because banks won’t be granting mortgages.

I reiterate, the mass housebuilders in the UK are not land banking currently .