The government has announced that all local councils in England will be given mandatory housing targets in order to deliver 1.5 million new homes by 2029. This confirms its commitment “to get Britain building” as set out on the opening of parliament. In this article, we examine the new planning proposals and other new legislation we can expect to directly or indirectly impact the residential property market in the coming months. Deputy prime minister Angela Rayner introduced the government’s planning “revolution” by saying Britain is facing “the most acute housing crisis in living memory”. She said the UK’s housing target will increase to 370,000 a year, a steep rise from the 200,000 new homes predicted to be built this year. Despite this, the target for London will reduce from what Ms Rayner described as a “nonsense” target of 99,000 new homes to 80,000. How will the new housing targets be met? The government will make it easier to build on low-quality green belt la...
