The Bill aims to modernise the UK’s planning system, promoting rapid housing development and infrastructure while balancing environmental sustainability. Members should prepare for a dynamic landscape with new opportunities and responsibilities as these reforms take effect, offering new avenues for growth while necessitating adaptability to regulatory changes and a commitment to sustainable development.
Accelerated housing development
Measures are designed to speed up the construction of new homes and are part of the UK Government’s goal of building 1.5 million homes by the end of the decade. This acceleration could offer estate and letting agents a broader portfolio of properties to manage and sell, potentially increasing business opportunities.
10 Feb 2025
Minister announces new plans to drive down property transaction timescales
Empowering Local Authorities
Councils and mayors in England and Wales will get enhanced powers to acquire land for affordable housing developments. By simplifying compulsory purchase orders and removing the consideration of a property’s “hope value,” authorities should be able to repurpose vacant and derelict sites for community benefit more effectively
To address resource constraints in planning, the Bill proposes accrediting private sector consultants to assist in planning processes. Property professionals may need to collaborate with these consultants to ensure that projects align with regulatory standards and client expectations.
31 Jul 2024
Decisive reforms laid out in planning consultation
Major infrastructure projects
The emphasis on expediting infrastructure projects, such as roads and energy facilities could lead to increased demand for commercial property services, including site acquisition, valuation, and development consultancy.
People living within up to 500 metres of new pylons will get electricity bill discounts of up to £2,500 over 10 years to ensure those hosting critical grid infrastructure benefit from supporting the drive for clean power.
Streamlining planning processes
To facilitate the swift approval of major infrastructure projects, including roads, railways, and energy facilities, the Bill aims to streamline planning procedures. This includes reviewing the statutory consultee system to reduce delays caused by prolonged consultations.
