LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Government targets cities and relaxes planning in bid to solve housing crisis – LandlordZONE

Mark Helprin by Mark Helprin
July 24, 2023
in Real Estate
Government targets cities and relaxes planning in bid to solve housing crisis – LandlordZONE
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

You might also like

Property market showing signs of resilience amid mortgage rate rises – London Wallet

Fast-growing agency enters London market with third acquisition of year – London Wallet

Knight Frank targets growth with self-employed affiliate estate agency model – London Wallet

A new housing plan would allow shops, takeaways and betting shops to be turned into homes while homeowners would have greater freedoms to carry out property extensions and open up lofts.

Housing Secretary Michael Gove says under the proposals, the government’s main focus will be on housing developments in the UK’s major cities where demand is highest and growth is being constrained as it bids to unblock the planning system and build more homes in the right places where there is local consent. The plan also includes regenerating 20 towns and cities across England. 

michael gove

New homes

He wants to unleash a wave of new homes in Birmingham, Manchester and Liverpool, using development corporations which councils would bid to set up. Those government-sponsored bodies would then use compulsory purchase orders to buy up land and sell chunks on to developers to build new homes. A new ‘planning super-squad’ called the Action Taskforce for Land Assembly Sites would review permitted development rights and support development in these big sites.

When asked about how it would prevent investors from buying up all the new housing, Gove said: “We need a healthy rental sector. We have taken steps to ensure that it’s more expensive to acquire a second property than a first property – but there’s more that we can do and more will follow.”

Negative impact

Shaun Davies, chair of the Local Government Association, believes premises such as offices, barns, and shops are not always suitable for housing. He adds: “Further expanding permitted development rights risks creating poor quality residential environments that negatively impact people’s health and wellbeing, as well as a lack of affordable housing or suitable infrastructure.”

The proposals come as Prime Minister Rishi Sunak announced it would meet its manifesto commitment to build one million homes over this Parliament. However, last year the cross-party Levelling Up Committee found that the government was not on target to deliver 300,000 new homes a year by the mid-2020s.

Subscribe here for the latest landlord news and receive tips from industry experts:

[ad_2]

Source link

Share30Tweet19
Previous Post

Sculptor Capital Management stock jumps on acquisition with Rithm Capital

Next Post

Cinemark stock rises 1.6% as ‘Barbie’ and ‘Oppenheimer’ enjoy blockbuster opening weekend

Mark Helprin

Mark Helprin

Recommended For You

Property market showing signs of resilience amid mortgage rate rises – London Wallet
Real Estate

Property market showing signs of resilience amid mortgage rate rises – London Wallet

April 14, 2026
Fast-growing agency enters London market with third acquisition of year – London Wallet
Real Estate

Fast-growing agency enters London market with third acquisition of year – London Wallet

April 14, 2026
Knight Frank targets growth with self-employed affiliate estate agency model – London Wallet
Real Estate

Knight Frank targets growth with self-employed affiliate estate agency model – London Wallet

April 13, 2026
Mortgage deals pulled at fastest rate on record as product choice shrinks – London Wallet
Real Estate

Mortgage deals pulled at fastest rate on record as product choice shrinks – London Wallet

April 13, 2026
Next Post
Cinemark stock rises 1.6% as ‘Barbie’ and ‘Oppenheimer’ enjoy blockbuster opening weekend

Cinemark stock rises 1.6% as ‘Barbie’ and ‘Oppenheimer’ enjoy blockbuster opening weekend

Related News

Genesis unveils stunning first luxury full-size electric SUV with the Neolun Concept

Genesis unveils stunning first luxury full-size electric SUV with the Neolun Concept

March 26, 2024
Podcast: Kate O’Flynn on All of It & working with Danny Dyer in Henpocolyspe!

Podcast: Kate O’Flynn on All of It & working with Danny Dyer in Henpocolyspe!

June 4, 2023
Comings & Goings – London Wallet

Comings & Goings – London Wallet

September 11, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?