Cheshunt Planning Deferral

RNS Number : 9959R

Inland Homes PLC

06 March 2019

 

6 March 2019

Inland Homes plc

Major Planning Application Deferred

Inland Homes (AIM: INL) ("Inland Homes", the "Group" or the "Company"), the leading brownfield developer, housebuilder and partnership housing company with a focus on the South and South East of England, advises that whilst its planning application was recommended for approval by the planning officers, the planning committee of Broxbourne District Council resolved to defer making a decision, requesting clarification on a number of matters.

Stephen Wicks, Chief Executive, commented:

"It was disappointing not to have received approval at yesterday's planning committee hearing, however we expect to satisfy the committee's concerns and will have the application heard again at the earliest opportunity."

Enquiries:

Inland Homes plc:	Tel: [phone]
Stephen Wicks, Chief Executive
Nishith Malde, Finance Director
Gary Skinner, Managing Director
Panmure Gordon (UK) Limited	Tel: [phone]
Dominic Morley Erik Anderson
Instinctif Partners	Tel: [phone]
Mark Garraway James Gray

Notes to Editors:

Incorporated in the UK in 2005, Inland Homes plc is an AIM listed specialist housebuilder and brownfield developer, dedicated to achieving excellence in sustainability and design.

Inland Homes acquires brownfield land in the South and South-East of England principally for residentially led development schemes. The business then enhances the land value by obtaining planning permission, before building open market and affordable homes or selling surplus consented land to other developers to generate cash.

The Company is committed to extensive public and community consultation in order to ensure that, where possible, local community needs and objectives are met.

Inland's aim is to create sustainable communities and homes which set a benchmark for all future developments in the South and South East of England. The Company is always looking for brownfield sites without planning permission for future development.

For further information, please visit the Inland Homes website at www.inlandhomes.co.uk.

Hugg Homes - www.hugghomes.co.uk

Rosewood Housing - www.rosewoodhousing.co.uk

 

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