IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/2022_253.html
   My bibliography  Save this paper

An investigation of the role and significance of specialist land promoters in the housing land development market in the UK

Author

Listed:
  • Patrick McAllister
  • Peter Wyatt
  • Edward Shepherd

Abstract

Focussing on the firm level, this paper investigates the importance of specialist land promoters in the strategic housing land market in the UK. Planning data for the period 2018-19 were collected and analysed to estimate the proportion of large housing sites where outline consent was granted to specialist land promoters. The paper makes three contributions. Firstly, it maps the diversity of organisations that promote land through the UK planning system and demonstrates the diversity and definitional fuzziness of the organisations operating in the contemporary UK land market. Secondly, in contrast to prior studies which have grouped specialist land promoters with other types of market actor, it was found that specialist land promoters made a relatively small contribution to the supply of housing land in the study period. Finally, the paper shows that housebuilders accounted for a minority of planning consents for residential development, thereby suggesting that the degree of vertical integration in the land and housing development sector in the UK may be lower than presumed.

Suggested Citation

  • Patrick McAllister & Peter Wyatt & Edward Shepherd, 2022. "An investigation of the role and significance of specialist land promoters in the housing land development market in the UK," ERES 2022_253, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:2022_253
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/eres-id-eres2022-253
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    housing; Land; Promotion;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:2022_253. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.