Planning approvals for new homes in London tumble by 64%

The number of new homes being approved by the capital's planners accelerated by 73% in the first three months of the year, with 11,870 new residential units across 1,553 separate sites entering the pipeline…

There's a whole lot more resi developing going on now than at any time since the crash - with 63% more resi units being granted planning permission in 2012 compared to 2011 - but there's still no chance…