As the government wraps up a consultation on how to make property development more transparent, attention is turning to the hot topic of land banking [when developers buy land but don’t build on it for years].
With the UK facing a housing shortage and pressure to improve infrastructure, the government is introducing big changes to stop developers from sitting on land without using it. Here’s what’s changing, and what it could mean for developers and property managers.
VI. The Bottom Line
The government is making it harder for developers to sit on land without building. The focus is now on getting homes and projects delivered, not just planned. For developers and property managers, staying ahead means acting fast, planning smart, and being ready to build.
Government Cracks Down on Land Banking [Part 6]
As the government wraps up a consultation on how to make property development more transparent, attention is turning to the hot topic of land banking [when developers buy land but don’t build on it for years].
With the UK facing a housing shortage and pressure to improve infrastructure, the government is introducing big changes to stop developers from sitting on land without using it. Here’s what’s changing, and what it could mean for developers and property managers.
VI. The Bottom Line
The government is making it harder for developers to sit on land without building. The focus is now on getting homes and projects delivered, not just planned. For developers and property managers, staying ahead means acting fast, planning smart, and being ready to build.
ADAPT EARLY—PLAN SMART—BUILD FAST