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RNS Number : 7582C Boot(Henry) PLC 04 September 2024
Henry Boot secures planning permission on appeal for 290 homes in
Sittingbourne, Kent
Review of new National Planning Policy Framework shows Hallam Land could
advance applications for 8,500 new plots in the next 12 months
Henry Boot announces that its land promotion and planning business, Hallam
Land (Hallam), has secured planning permission on appeal for 290 homes in
Sittingbourne, Kent.
In 2017 Hallam agreed a promotion agreement on a site adjacent to the urban
area of Sittingbourne before submitting an outline application for the site in
November 2022. Hallam successfully secured a planning consent on an appealed
decision in July 2024, following an initial refusal in 2022. Appeal was made
on the basis that Swale Borough Council's outdated development plan could not
demonstrate a five year housing land supply which in turn was failing to meet
the areas housing needs.
The planning consent for the site includes 290 homes (30% affordable), new
landscaping, habitat creation, and publicly accessible green infrastructure.
The Biodiversity Net Gain calculation forecasts over a 100% net gain for
surrounding habitats. Hallam is actively marketing the site for sale and
expects strong interest in this opportunity, in an area where there is a
significant shortfall of both private and affordable homes.
Hallam continues to advance numerous planning applications with 13,392 plots
in planning including seven active planning appeals, totalling c.2,500
residential plots.
In addition, the new government has proposed significant revisions to the
National Planning Policy Framework (NPPF), as part of its broader recognition
that the current system is not working and is hindering economic growth. The
proposed changes would provide much clearer direction to local authorities in
terms of housing delivery, and they are expected to come into force later this
year. As a result of these proposed changes, Hallam has already identified an
additional 8,500 plots for expediting planning applications in the near
future.
Tim Roberts, CEO of Henry Boot, commented: "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
NPPF revisions."
ENDS
Notes to editors
Henry Boot is one of the UK's leading land, property development, home
building and construction businesses - and we've been transforming land and
spaces since 1886. Listed on the London Stock Exchange since 1919, we're
renowned for quality, expertise, delivery and a partnership approach across
the group - which comprises, Hallam Land, HBD, Stonebridge, Henry Boot
Construction, Banner Plant and Road Link.
Operating across the UK, and employing over 500 people, we focus on three key
markets: urban development, industrial and logistics and residential. Hallam
Land has facilitated 52,000 new homes since 1990, managing one of the top five
largest land portfolios in the country, with the potential to facilitate over
100,000 homes. HBD manages a development pipeline of £1.3bn, the equivalent
of 7m sq ft of developments across our key markets, while maintaining a £113m
investment portfolio, of which 73% of the properties have an EPC rating of 'C'
or higher. Stonebridge, our jointly-owned home building business, manages a
land portfolio capable of delivering 1,500 homes, with an ambition to deliver
up to 600 new homes a year.
Henry Boot Construction has extensive experience in both the public and
private sectors, including major projects such as the £200m regeneration of
Barnsley town centre, and The Cocoa Works, a £57m residential development in
York. For over 65 years, Banner Plant has supplied construction products and
services, operating from seven regional depots in the North of England.
We have also developed an ambitious Responsible Business Strategy to help us
meet our aim of being Net Zero Carbon by 2030, and to deliver, by 2025,
charitable, community and education work valued at £1m.
From land promotion, property development and investment to home building,
construction and plant hire, Henry Boot is where great places start.
henryboot.co.uk (http://www.henryboot.co.uk/)
Enquiries
FTI Consulting
Richard Sunderland/Giles Barrie
07894 797067 / 07798 926814
henryboot@fticonsulting.com
Henry Boot PLC
Tim Roberts, Chief Executive Officer
Darren Littlewood, Chief Financial Officer
Daniel Boot, Senior Corporate Communications Manager
07825 088807
dboot@henryboot.co.uk
henryboot.co.uk
Deutsche Numis
Joint Corporate Broker
Ben Stoop
0207 260 1000
Peel Hunt LLP
Joint Corporate Broker
Ed Allsopp / Pete Mackie
0207 418 8900
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