Government should freeze regulatory burdens for three years to kickstart housing market, new report recommends
Summary
A report chaired by Gavin Barwell recommends that the government freeze regulatory burdens for three years in order to stimulate the housing market and support new development. The article says the group views current regulations as a significant barrier to delivery.
Why it matters
Any change to the regulatory environment could affect development pipelines, compliance expectations and the volume of new housing work reaching surveyors. Surveyors involved in valuation, development advice and due diligence should watch for policy shifts that may alter market activity and risk profiles.
Key points
- A report calls for a three-year freeze on regulatory burdens.
- The proposal is intended to help kickstart the housing market.
- The group says regulation is creating a major barrier to new development.
- The issue is relevant to housing supply and development activity.
Organisations:
Building Magazine
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