Estate agent slams government’s planning policy for restricting new homes supply – London Wallet

A lack of direction and constant shifts in planning policy at local and national government level is putting a block on outdated commercial buildings being converted into much-needed new homes, according to Adam Stackhouse, director of development and commercial investment at Winkworth.

He was keen to point out issues with the planning system, citing instances when planning approval is granted inconsistently, during the latest episode of The Property Exchange, Winkworth’s podcast.

Stackhouse said: “There’s such a lack of understanding between local planning policy and national policy. It’s time for the government to step in and take firm control and start to hit some of the targets they have bandied around. Every time we think we’re making some progress, we get statements from central government, various boroughs elect to opt out and seek injunctions so they don’t have to toe the line.

“The government needs to say we need to fulfil this demand for private homes and we’re going to deliver it. And the only way to do that is to work collaboratively with local government. The solution is out there in front of us with buildings that need to be repurposed. We are looking at large scale sites within urban locations that would be perfect for conversion to residential.”

Companies are increasingly involving their staff in decisions about new office accommodation, according to the Winkworth agent.

He told the podcast: “We are doing deals where businesses are asking the staff in to decide on the choice of office. We’ve never had to negotiate with staff before. A transport hub is essential. People walk in and want to know whether it’s an environmentally responsible building, the outlook, the levels of natural light, has the air condition system got anti-covid filters? It’s not just about a pool table or free coffee. So, the outlook is quite poor for buildings that are poorly insulated and are antiquated. There lies the opportunity.

“We remain hopeful that local and national government strategy will start to align and we can look forward to satisfying the shortage of new build properties and convert some of these buildings into really beautifully located, highly suitable homes for workers in London.”