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Planning Market Insight Report – June 2020

by on June 11, 2020

Last month we posted the first of our Planning Market Insight Reports, sharing application data and the drastic effects that COVID-19 has had on submissions, as the global pandemic puts a huge strain not just on the building and construction industries, but on the economy as a whole.

We hope that the first report was helpful and gave some valuable insight as we saw a noticeable downturn in applications, with almost a 20 per cent decrease in submissions for April this year compared to April 2019. The application numbers may be indicative of economic confidence overall, with many businesses halted by the pandemic, leading to applicants choosing to wait to start projects, or potentially abandoning them altogether. However, with the reopening of the construction sites over the last month, supported by merchants and suppliers, there has been a positive impact on application numbers, with an upward trajectory recorded across May. As workers return to building sites, and schools and other businesses begin to reopen, a heightened confidence in the economy appears to be taking place and project planning is being undertaken. Whilst the application numbers for May this year are still lower than May 2019, the rise from April can still be perceived as positive sign.

Find out more in this month’s edition of our Planning Market Insight Report, which also includes an in-depth look at Full Planning Applications and the range of non-residential development schemes being applied for.

June’s Insight Report is available here.

At the Planning Portal we are in the unique position of receiving 90 per cent of all planning applications a month to every Local Planning Authority across England and Wales, giving us exclusive  insight into proposed development data, helping businesses to recognise prospects and trends, and strategically plan for the future.

If you would like to subscribe to our monthly Planning Market Insight Report to receive comprehensive and up to date information about planning submission nationally, please contact us at communications@planningportal.co.uk.

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