21-07-2025
English Home Improvement Boom Fades with Approvals at Decade Low
Planning approvals for home improvements in England are at the lowest in a decade, the latest indication that high interest rates have tipped the housing market in buyers' favor and given them the pick of properties available for sale.
Consents for householder developments reached 151,177 in the year through March, Ministry of Housing, Communities and Local Government data collated by Savills Plc show. That's 27% below the average over the past decade and an 8% drop on last year, the real estate broker said in a statement Monday.
