Andy Sommerville, Director of Search Acumen, comments:
“We have been calling on the government to consider all factors prohibiting homeownership in the UK, so the chancellor’s wide-ranging pledges are welcomed.
“Housing planning reform is a much-needed shot in the arm for the sector. Unlocking strategic development sites, clamping down on land banking and making best use of our urban land is crucial in making up the shortfall in new homes we have experienced over the last decade.”
“The chancellor is correct in that there is no single magic bullet to solve our housing crisis. Our recent studies found that building 300,000 homes a year will go a long way to reducing the housing supply gap we are currently suffering. We only hope pledges turn into bricks and mortar without delay.”
This article was submitted to be published by Search Acumen as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.
