The UK Government’s efforts to revive the property market have taken on greater significance during the lockdown period, with many people spending more time at home. In addition to announcing a raft of economic measures, the government is also looking to implement sweeping reforms of England’s planning system that have been regarded by some as outdated and cumbersome.
Key among the reforms is the granting of ‘automatic’
permission for developments focused on building new homes and hospitals, a
measure announced by Housing Secretary Robert Jenrick.
Mr Jenrick’s announcement, coming as part of an article he
wrote for the Sunday Telegraph, comes on the heels of the Prime Minister’s
£5
billion pledge to spur building efforts in the country. The Housing
Secretary noted that with the new reforms, land would be categorised under
three major areas: growth, protection and renewal.
He also particularly insisted that the government’s aim with
the reforms was to eliminate the bureaucracy surrounding planning, and not to
compromise building standards.
Necessary Reforms
According to Mr Jenrick, the planning system is too
complicated and slow and could actually be a barrier to helping the country
achieve its housing goals. The result is delayed infrastructure projects that could
open up opportunities for housing development, leaving communities without
vital services and much-needed housing. While local councils play an important
role in the planning process, it can take several years for planning
applications to get approval on various projects, delaying the delivery of
essential infrastructure.
The Housing Secretary admits that a reform of the planning
system is an enormous task for the government. However, he pointed out that it
was overdue, as the construction sector provides millions of jobs and its economic
contribution is vital to the UK. By undertaking reforms, thousands of new jobs
will be created.
The Housing Secretary’s words echo the government’s desire
to undertake major reforms outlined in a white paper released in early August
2020 titled Planning for the Future. The proposal is seen as the most
ambitious since the Town and Country Planning Act of 1947 and goes in-depth
into the various measures that have the potential for long-term change.
The classification mentioned above of placing land into
three categories will be crucial in simplifying the work of local planning
authorities so that land development for growth areas will gain automatic
permission. Also, permission in principle will be granted for the development
of land in urban renewal areas. Land categorised as a protected area will be
preserved for its heritage, history, and as a gift to be passed on to future
generations.
Additionally, the government will also seek to ensure that
new developments adhere to design and environmental standards. The aim is to
have environmentally friendly buildings with good designs, in neighbourhoods
where green spaces and ample amenities are the norm.
Statistics on NewBuild Homes |
Encouraging Self
Build
Highlighted within the white paper is a reference to the
self-build industry, as the government encourages more people to build their
homes. Among the pledges contained in the reform proposals to this end is how
small and medium-sized enterprises (SMEs) and self-build stakeholders can
benefit from the disposal of publicly owned land. Additionally, local
authorities will be allowed to identify optimal areas for self-build purposes,
with such developments exempted from the Infrastructure Levy.
Overall, the reforms to the planning system are welcome news
for property investors and developers keen to grow their businesses. Zuneth
Sattar is one of these investors, having gone through the planning
permission process to build a new block of flats as part of his property
business. With the proposed reforms, many investors like him will benefit from a
faster approval process, leading to the quicker delivery of quality housing.
The UK Property
Market: Economic Decisions to Boost Growth |
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.