Delivering more and better homes across the UK – 4 key takeaways
Thank you to Movers and Shakers for a great event on the sunny morning of the 5th July. The property industry is united on the need to deliver more housing and fast! A collaborative discussion between public and private sector.
Here are some key takeaways which resonated with us:
- We really need local building firms, who need access to cheaper money- how can the government/banks give support? Sad to see long standing businesses fold.
- Too much bureaucracy in planning process generally means sites are not brought forward quickly enough.
- Access to the market for buyers is restricted by sluggish mortgage offer process, affordability criteria– how can we change this?
- Affordability for renters is rightly driving s106 requirements but developers cannot do it all!
Helen Streeton is a partner in our Commercial Real Estate team.