Sign up to save your podcasts
Or
Share Sheffield Property Market - Is it Time to ‘Plan’ to Get the Builders In?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Sheffield Property Market - Is it Time to ‘Plan’ to Get the Builders In?
Even though the new legislation was placed on hold because of the recent General Election, it is expected the Government will start fining around half of all UK local authorities for failing to build enough new homes as Westminster starts to force local authorities to build more homes with the new laws.
The Conservative Government has gone on record with an ambition to build 300,000 new homes each year from the mid-2020s (aspiring as the average for the last 13 years has only been 177,000 pa).
So Downing Street see the planning system as requiring root and branch change to ensure local authorities deliver on that promise. The Ministry of Housing, Communities and Local Government’s ‘Housing Delivery Test’, which should be launched on an undetermined date this year, will hold local authorities to account for ensuring they hit their own specific house building targets.
If a local authority is unable to show that it has a five-year stock of land for building new homes, it gives builders greater rights and liberties to build their new homes where the builder wants (not where the local authority wants).
This will mean there will be a house building free-for-all
as the council will have less control over the setting, types of properties, contribution to infrastructure and location of any new home development.
Only 44% of local authorities have a local plan that is less than five years old.
Locally, Sheffield isn’t in that 44% of local authorities. The current situation is, a draft Local Plan is in preparation.
Yet, the original question of this article was to find out if we are building enough homes in Sheffield and the surrounding local authority area i.e. should we get the builders in? Well, the Government set targets for local authorities for the number of homes they should build each year. The latest set of data is for 2018, so for the three years up to and including 2018 i.e. 2016/2017/2018,
Sheffield’s new home building target was 5,565 new homes, yet it achieved 6,140, a surplus of 575 new homes
So, what does that all mean for the Sheffield property market?....
Read the full article at The Sheffield Property Blog
https://wp.me/p7Mruo-2sb
View all episodes
By Maz IqbalEven though the new legislation was placed on hold because of the recent General Election, it is expected the Government will start fining around half of all UK local authorities for failing to build enough new homes as Westminster starts to force local authorities to build more homes with the new laws.
The Conservative Government has gone on record with an ambition to build 300,000 new homes each year from the mid-2020s (aspiring as the average for the last 13 years has only been 177,000 pa).
So Downing Street see the planning system as requiring root and branch change to ensure local authorities deliver on that promise. The Ministry of Housing, Communities and Local Government’s ‘Housing Delivery Test’, which should be launched on an undetermined date this year, will hold local authorities to account for ensuring they hit their own specific house building targets.
If a local authority is unable to show that it has a five-year stock of land for building new homes, it gives builders greater rights and liberties to build their new homes where the builder wants (not where the local authority wants).
This will mean there will be a house building free-for-all
as the council will have less control over the setting, types of properties, contribution to infrastructure and location of any new home development.
Only 44% of local authorities have a local plan that is less than five years old.
Locally, Sheffield isn’t in that 44% of local authorities. The current situation is, a draft Local Plan is in preparation.
Yet, the original question of this article was to find out if we are building enough homes in Sheffield and the surrounding local authority area i.e. should we get the builders in? Well, the Government set targets for local authorities for the number of homes they should build each year. The latest set of data is for 2018, so for the three years up to and including 2018 i.e. 2016/2017/2018,
Sheffield’s new home building target was 5,565 new homes, yet it achieved 6,140, a surplus of 575 new homes
So, what does that all mean for the Sheffield property market?....
Read the full article at The Sheffield Property Blog
https://wp.me/p7Mruo-2sb