INDUSTRY NEWS 5
Chancellor signals autumn planning relaxations to drive
housebuilding
Industry reacts to Truss appointment as PM
success of the new administration on planning reform Truss has pledged to cut red tape to get homes built faster, but this has been promised by her predeces sors without any real success. crapping ‘nutrient neutrality’ environmental regulations will only go so far to help. There’s not enough disused brownfi eld land for the amount of new homes reuired to meet demand, so building on a small proportion of the green belt is needed, but no previous onservative has demonstrated an appetite to do this.
n his fi rst ‘miniudget’ as hancellor of the Echeuer, wasi warteng announced that in order to drive the supply of housing in the , the overnment would bring forward local nvestment ones across the , with more liberal planning regimes and lower taes for businesses.
warteng’s annnouncement was centred around ta cuts, including a removal of tamp uty for fi rst time buyers, on homes worth up to ,, and a cancellation of a planned rise in orporation Ta. warteng commented that in order to increase housing supply and enable forthcoming planning reforms, the overnment would increase the disposal of surplus government land. e said that the planning reforms, to be announced later this year, would streamline planning regulations and make securing planning permission easier. warteng confi rmed that the government is in discussion with local and mayoral combined authority areas in England including Tees alley, outh orkshire and est of England around the setting up of nvestment ones in specifi c sites. Each one will offer ta cuts for residential development, and liberalised planning rules in specifi ed agreed sites, releasing land and accelerating development. The hancellor eplained further n purchases of land and buildings for commercial or new residential development, there will be no stamp duty to pay whatsoever.
warteng added that the overall approach was that the overnment was getting out of the way to get ritain building.
i Truss has been formally appointed rime inister, becoming the fourth Tory in si years. Truss faced an array of immediate challenges, in particular the cost of living crisis. The construction industry gave a mied response to her appointment at such a critical time for the . rian erry, chief eecutive of the
ederation of aster uilders , lamented that the is fronting an unprecedented energy crisis with over million households facing fuel poverty, and noted that Truss has a once in a life time opportunity to transform our eisting homes to help ensure everyone has a place they can afford to heat. erry continued national retrofi t strategy also offers the opportunity to create thousands of new obs and deliver growth in every village, town, and city. The energy crisis needs a green revolu tion, but this reuires bold leadership, so ’m looking to i Truss to deliver. ocusing on planning’s role in industry output, imon o, managing director of alter ooper, said resolving the issues in planning needs to be one of the top items on the net ’s agenda, and that will mean making some unpopular decisions.
e added Truss now needs to shift her focus from pandering to the masses and publicly turn away from previous statements made by other onservative s such as ichael ove, regarding the so called industry ‘cartel,’ or face alienating the housebuilding community entirely. owever, with a general election likely on the horion ’m doubtful these diffi cult choices will be put into action any time soon.
live ocwra, managing director of property and construction consultants cains, also had doubts on the likely
Simon Clarke is appointed as fourth Housing Secretary in 12 months
fter ust two months in the ob, reg lark has been replaced by Teeside imon larke as ecretary of tate for evelling p, ousing and ommunities in new rime inister i Truss’ abinet. larke, , was previously hief ecretary to the Treasury, and won his seat in iddlesborough outh and East leveland from abour in after the sitting stood down. e is the fourth ousing ecretary in a year, and oversees a demanding brief including the wideranging ‘levelling up’ agenda. larke resigned from a previous post as inister for egional rowth and ocal overnment in a abinet reshuffl e in ebruary , citing personal reasons.
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