N@N

Angela Rayner to announce 'sweeping planning overhaul' to fast-track new homes

Angela Rayner, Labour's deputy leader, is set to unveil a comprehensive overhaul of the UK's planning system aimed at accelerating the construction of new homes. This initiative includes the establishment of new development corporations with powers to bypass local opposition and streamline the approval process for housing projects. The plan also involves revising compulsory purchase rules to make land acquisition for development easier and cheaper, and reintroducing housing targets to ensure a consistent increase in housing supply. Additionally, Rayner's proposal seeks to prioritize first-time buyers in new developments, potentially through mechanisms like shared ownership or discounted market sales. This overhaul is part of Labour's broader strategy to address the housing crisis by making homeownership more accessible and increasing the overall number of homes built annually.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/politics/government/angela-rayner-to-announce-sweeping-planning-overhaul-to-fast-track-new-homes/ar-AA1vsAhP ]