The UK’s housing market is “broken”, admitted the Communities Secretary Sajid Javid as he finally revealed the government’s much-anticipated new strategy for dealing with too few homes and escalating prices. The Housing White Paper, published today (7th February), includes a realm of policy proposals (many of which sound very familiar) aimed at boosting housebuilding numbers to hit a 250,000 per year target, making home ownership more attainable, and shifting the Conservative party’s focus from all-about-ownership to it’s-OK-to-rent.
In a nutshell, the 105-page document attempts to cut-up planning regulations, square-up to big developers, snuggle-up to smaller developers, and big-up the private rented sector – all with both carrots and sticks on offer for Councils, committees and companies.
Efficiency and transparency are oft-repeated maxims, with the mansion blocks of the Royal Borough of Kensington & Chelsea held up as a winning formula of dense – yet desirable – residential development.
Here’s a digest of what’s in 2017’s Housing White Paper:
N.B. “White papers are policy documents produced by the Government that set out their proposals for future legislation… This provides a basis for further consultation and discussion with interested or affected groups and allows final changes to be made before a Bill is formally presented to Parliament.” – via parliament.uk