Commenting on proposed new planning laws outlined by the UK Govnernment this week – James Forrester, managing director for StripeHomes, said:
“Today’s news certainly looks like a step in the right direction. For too long the big housebuilders have had a stranglehold over the sector, allowing them to drip feed developments as they see fit in order to keep house prices and their profit margins buoyant.
“Enabling more competition from smaller developers should help put the cat amongst the pigeons and ensure we see an uplift in the number of homes actually being delivered and to a better standard.
“For far too long those failing to deliver have been able to blame a lethargic system and so any changes to improve the speed of delivery are also warmly welcomed.
“We’ve been calling on the government to utilise brownfield land for some time, but we need to ensure that any wrongly classified green belt is also maximised to ensure the delivery of enough homes on a long-term scale.
“Hopefully, the government will stick to their guns and won’t fall at the first call from the nation’s NIMBY’s who have long delayed the delivery of suitable homes at local parliamentary level.
“The government has done a good job of stoking the fires of demand in recent years which has cause house prices to increase due to the imbalance of supply to meet this demand.
“Hopefully now they will start to put a few more logs on the fire, although anyone meeting today’s announcement with a degree of scepticism will be forgiven, as the government’s failure to execute on house building promises in recent years has been pretty monumental.”