Requirements for developers to build affordable homes are set to be relaxed by the government, alongside an extension of the permitted developments regime, reports have suggested.
According to The Times, the Department for Levelling Up, Housing and Communities plans to adjust the threshold at which point developers must include affordable houses within their developments. That threshold is currently set at developments with 10 homes, but may be increased to 40 or 50, the reports suggest.
It was a move previously consulted on when Boris Johnson was Prime Minister, but was abandoned in the face of opposition.
Stripping back the affordable housing requirement is one of a host of measures reportedly outlined by the levelling up secretary, Simon Clarke, to the Prime Minister, with the aim of boosting economic growth.
A further measure would be expanding the current permitted development rules, with the aim of making it easier to add extensions and extra floors to properties without having to obtain formal planning permission.
Excellent news. Too many of our 10-20 sized schemes fall apart as the profit margin pushes away investors who don’t want their whole shceme devalude with pepper-pot AH inclusion.