MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Henry Boot granted permission on appeal to build 290 homes in Kent

ALN

Henry Boot PLC said on Wednesday that it had secured planning permission on appeal for 290 homes in Sittingbourne, Kent.

The Sheffield, England-based property developer announced its land promoting and planning business, Hallam Land, had secured the deal following its initial refusal in 2022. The planning permission for the site involves 290 homes, new landscaping, habitat creation and public green infrastructure. The biodiversity net gain calculation predicts a more than 100% net gain for surrounding habitats.

But the appeal, granted in July, argued that Swale Borough Council’s development plan could not demonstrate a five-year housing land supply, which in turn was failing to meet the area’s housing needs.

Hallam said the area has ‘a significant shortfall of both private and affordable homes’ and is actively marketing the site for sale. It is also currently working on numerous other planning applications, including 13,392 plots in planning and seven active planning appeals. This will total around 2,500 residential plots.

Chief Executive Officer Tim Roberts said: ‘Securing planning permission on appeal for hundreds of homes in Kent will enable the delivery of much-needed housing in the area. Hallam is in a strong position to help meet the new government’s ambitious housing targets and objectives set out in the draft national planning policy framework revisions.’

The new government’s proposed revisions to the national planning policy framework aims to provide clearer direction for housing delivery to local authorities. Following this proposal, Hallam has identified an additional 8,500 new plots for potential planning applications over the next 12 months.

Shares in Henry Boot were up 2.0% to 221.26 pence each in London on Wednesday noon.

Copyright 2024 Alliance News Ltd. All Rights Reserved.