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*UK's largest property developers accused of 'profiting' on the back of the housing crisis by restricting the number of homes to keep prices high... as experts demand the *Government starts building houses itself. A record 475,647 homes granted planning permission but yet to be built *Planning permission rose 60% since 2010 but rate of new builds just 48%. *Time it takes to complete new homes jumped from 24 weeks to 32 Some of *Britain's largest home developers recorded profits of up to 40% *Influential committee chair calls for direct building from the Government Housing developers have been accused of exploiting Britain's housing crisis to make profits by deliberately slowing the supply of homes. Last two weeks has seen five national house builders, post bumper profits, in their yearly reports to the city. Barrat   At an average selling price of new build home was £254,000, up 11% higher the £229,200 average price in the first half of...

Strong financial performance  •Record legal completions of 3,934 homes (2014: 3,635) • 17% increase in revenue to £947m (2014: £809m), exceeding 1 times capital turn  • Operating profit margin of 17.3% (2014: 17.0%) Well positioned for future growth  • Over 19,800 consented plots across 142 sites  • Over 23,000 strategic plots across 80 sites - c8,000 plots with planning agreed  • Strong balance sheet with net cash of £30m (2014: £5m ) Improving cash returns  • 14% increase in dividend to 40p (2014: 35p) Despite the country  facing  a house-building crisis ,seventeen percent increase in revenue to £947m (2014: £809m), exceeding 1 times capital turn was made by national house builder Bovis homes Plc A decade ago, the Barker Review of Housing Supply noted that about 250,000 homes needed to be built every year to prevent spiralling house prices and a shortage of affordable homes. By building them out more slowly it ...