At the Autumn Statement, Chancellor Jeremy Hunt outlined a
series of measures aimed at boosting the UK economy and creating a
more prosperous future for all.
At the Autumn Statement, Chancellor Jeremy Hunt outlined a
series of measures aimed at boosting the UK economy and creating a
more prosperous future for all. Among the 110 initiatives, the
property sector emerged as a key focus, with several welcome
changes designed to enhance investment and stimulate growth.
PLANNING
The government announced that it will unlock tens of thousands
of new homes by investing in the planning system.
A new planning service will be introduced to speed up planning
decisions. Applicants will have to pay the full cost of the
process, which will be refunded if the planning authority does not
meet the stated timescale. This emphasis on efficiency will
expedite the delivery of new infrastructure, such as housing
developments, transport networks, and essential public
facilities.
