Boris Johnson has announced that as part of his “build build build” initiative there will be a radical change to the planning consent system.
Robert Jenwick, the Housing Secretary stated that “outdated and cumbersome” planning rules, in which it takes an average five years to approve a new housing development are fuelling a “generational divide” between older homeowners and youngsters getting into the market.
The new rules are broken into three sections:
Land for Growth
This will be designated areas where automatic consent for planning will be given for new homes. It will include schools and medical facilities.
Planning in these urban areas will be a “permission in principle” to fast track progress. Regeneration areas will be targeted for this.
Green Belt and areas of outstanding beauty will have a full ban on all development.
Mr. Jenwick commented that the complex current planning system has been a major detriment to building homes which are affordable.
Relaxing these planning laws will be a massive stimulation to the UK economy, creating millions of extra jobs and together with the “stamp duty holiday” it will boost the property market which is already rapidly recovering from the years of Brexit woes.
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