26th February 2009, 06:58 PM
The lack of new lending is clearly a major issue but the government is trying to solve this. The unknown is when is this going to have an effect on development starting. Given the time it takes for planning permission to be obtained the first signs of recovery should be dbas and pre-permission evaluations.
However, there will be many schemes which have permission already which will start once the market improves or schemes which are post the archaeology phase start back up.
Peter
However, there will be many schemes which have permission already which will start once the market improves or schemes which are post the archaeology phase start back up.
Peter