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.

Lindsay Darroch
Partner – Head of Property

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s