The Planning and Infrastructure Act granted royal assent
Original Article Summary
The Planning and Infrastructure Act has become law – with the stated aim of accelerating housing construction across the UK. The Act will make it harder for legally challenge the delivery of new roads, reservoirs and energy projects, while planning committee members will receive mandatory training. The pre-application process for infrastructure will be simplified, saving […] The post The Planning and Infrastructure Act granted royal assent appeared first on PropertyWire.
PropMatch Curated Analysis
The Planning and Infrastructure Act has received royal assent, introducing measures to accelerate housing delivery including simplified planning processes, enhanced development corporation powers, and mandatory training for planning committees. However, implementation will be gradual with many details still to be determined through statutory instruments.
Investor Relevance
This legislation could significantly reduce development timelines and costs for property investors, particularly those involved in larger residential developments, new builds, and regeneration projects. The simplified land acquisition process and enhanced development corporation powers may create new investment opportunities in large-scale housing developments.
Original Source:
PropertyWireStay Updated
Subscribe to our weekly briefings for curated property news and insights