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A major review by Conservative politician Sir Oliver Letwin has suggested that the introduction of new planning rules would see developers required to build a bigger range of properties with different tenures and designs, which would help to speed up the construction process.
The idea was put forward that having too many identical properties on big sites and the restrictions on how quickly these can be sold is the main reason behind the slow build-out rate.
Sir Letwin explained in his paper that he couldn’t find any evidence that big-name developers are holding onto land, since their business models do rely on them selling houses.
He went on to call for rules that require housebuilders to offer different types of properties on bigger sites so they can be pushed through more quickly without flooding the market with lots of similar houses.
In addition, councils should be given more power in guiding major homebuilding projects, as well as the power to buy undeveloped land for ten times its current use value to make it easier for more affordable housing to be built.
This comes after the House Builders Association suggested that the planning system in the UK is making it hard for house builders to deliver the new properties that the country requires, with small and medium-sized builders affected the most.
One of the biggest issues is that planning applications are not being dealt with quickly enough and legally they should be decided upon within 13 weeks… but some take considerably longer for a verdict to be given.
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