Hastings Housing Shortage
Since our inception nearly 30 years ago, we’ve grown to become the largest housebuilder in the Hastings and St. Leonards area.
Recent Park Lane Group developments currently account for more than 16% of Hastings Borough Council’s targeted new housing supply by 2020. These include new homes at Seacrest View on The Ridge, along with High Breezes nearby which is currently under construction, plus several forthcoming Park Lane Group developments in the town.
However, the rate of new housing construction is relatively low in Hastings and Rye:
- Just 53 new homes started in 2012
- 46 new homes started in 2013
- 102 new homes started in 2014
The *number of new home starts in Hastings and Rye has lagged behind the UK constituency average over the last couple of years, and new legislation which sets out guidelines for a minimum internal floor area in new properties could hinder development rates if imposed rigidly.
*data from the NHBC – National Housebuilding Council
Meanwhile, developments such as High Breezes evidence the strength of demand for competitively priced 2 and 3 bedroom properties in the town. Interest in Phase One, comprising 36 houses and 2 show homes, was such that every property sold prior to completion with 17 exchanging off-plan. Early reservations are already now being made on Phase Two, a further 41 properties, which will start later this year.
We can but wait to see if housebuilding increases in the local area sufficiently as we approach 2020, and it will be interesting to see how the Government has fared in meeting its target of 240,000 new homes per year UK-wide by 2016 (set in 2007).
Photo caption: Show Homes at High Breezes, just off The Ridge in Hastings, where The Park Lane Group is building 79 2 & 3 bedroom homes.
21 July 2015