Wednesday, 8 February 2017

House Builders' Fears Over 'Use It Or Lose It' Policy

House building industry sources sounded alarm at proposed Government plans to give developers a timetable to build homes, or risk losing their planning permission.  The long-delayed housing white paper will hit house builders which have been tasked with helping to meet the Government’s target of one million new homes by 2020. One major developer said that the 'use it or lose it' measure would be onerous on the sector, potentially leading to fewer homes being built, more slowly. As a result, house builders could seek smaller planning permissions in order to get around the rules, and bottlenecks would develop in the already-stretched planning system.  Read more on the Daily Telegraph website.

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