RNS Number : 7285W
Boot(Henry) PLC
12 February 2025
 

Henry Boot secures planning permission on appeal for 112 homes in Yalding, Kent

 

Henry Boot (or "the group") announces that its land promotion and planning business, Hallam Land (Hallam), has secured outline planning permission on appeal for 112 homes on a freehold site in Yalding, Maidstone, Kent.

 

Hallam acquired the 23 acre site in 2018, recognising its potential in a high demand housing area. The site was later included in the Emerging Local Plan, and in November 2023, Hallam submitted an outline planning application in line with this allocation. 

 

Despite Maidstone Borough Council adopting its Local Plan (2021 - 2038) in March 2024, it did not make a decision on the application. Hallam appealed in May 2024 on the basis of non-determination and successfully secured approval in December 2024. 

           

The planning consent for the site includes 112 homes (40% affordable), new landscaping, habitat creation, and publicly accessible green infrastructure, with over 20% Biodiversity Net Gain calculated for surrounding habitats. Hallam will be actively marketing this site in H1 25 and expects strong interest in the opportunity.

 

Hallam continues to advance numerous applications with 13,146 plots in planning including six active appeals, totalling c.3,000 residential plots.

 

Tim Roberts, CEO at Henry Boot, commented: "This planning consent paves the way for much needed homes in the South-East region and is expected to generate strong interest from national housebuilders which would translate into a significant transaction for the group this year. It also reinforces our ability to unlock valuable land for residential development across the country."

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 £107m 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 1,700 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

 

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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