Housing secretary reveals new homes targets
Posted: Wednesday, July 31st, 2024
New deputy prime minister Angela Rayner has revealed an overhaul of the planning system, Roofing Today reported. All councils in England will be given new, mandatory housing targets to help deliver Labour’s target of 1.5 million more new homes by 2029. Speaking in the Commons, the housing secretary said the number of new home starts was likely to drop below 200,000 this year. The overall housing target for the UK will increase to 370,000 homes annually, replacing Tory’s previous target of 300,000. Additionally, some areas previously covered by the uplift will see their targets go down, with London’s housebuilding target slashed by 20%, from 100,000 to 80,000. Labour also plans to update the method for calculating the targets, including altering how the formula accounts for housing affordability. The housing secretary also unveiled plans to make it easier to build on low-quality green belt land that will be reclassified as “grey belt”. Any green belt land released for development will be subject to “golden rules” to ensure it delivers 50% affordable homes and has access to green spaces and infrastructure, such as schools and GP surgeries.
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