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<p>The Review of Build Out Rates chaired by the Rt Hon Sir Oliver Letwin MP reported
on 29 October 2018. It found no evidence that speculative land banking is part of
the business model for major house-builders, or that it explains slow build-out rates.
The review concluded that greater differentiation in types and tenures of new homes
would increase market absorption and stimulate an increase in build-out rates. This
Government has put in place extensive incentives and assistance to encourage house-building,
especially on brownfield land, to support the housing policies in our revised National
Planning Policy Framework.</p>
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