Following on George Osborne’s plans released last Friday to relax the UK planning rules and free up more brown sites for development, industry leaders have responded positively but with a note of caution that these reforms do not go far enough. In fact some industry leaders have been calling on further tax breaks for house builders. I welcome any move by government to free up the planning rules and to make matters easier for people to start development. I do agree that these reforms do not go far enough and that some tax incentives and support from banks is also required. I also understand that there are some thoughts that rates relief for empty industrial units will be removed causing a rush of demolition and potentially freeing up further brown field sites for development.
All parties agree that there is a chronic shortage of housing supply in the UK and it is imperative that supply and demand are put onto a level playing field. I will continue to campaign for all moves that improve the number of development sites available.
Partner – Head of Property