UK Regions in Real Estate
- Select a blog category
Having just taken over as the leader of Deloitte’s UK Local Public sector business MIPIM 2017 presented a golden opportunity to undertake a serious city health check. Deloitte employ around 6000 people across our 17 UK offices outside London and we have ambitions to grow this figure at least another 2000 by 2020. Clearly each of the Cities exhibiting at MIPIM this week have been keen to establish their credentials in the uber competitive inward investment market – so had did they fair?
I have been reflecting on whether the Government’s latest housing proposals will achieve Sajid Javid’s ambitions for “radical, lasting reform” and create a “new, positive, mindset to house building”.
The Housing White Paper ‘Fixing our broken housing market’, published on 7 February 2017, identifies that compulsory purchase law gives local authorities extensive powers to assemble land for development and that recent and proposed legislation (the Housing & Planning Act 2016 and Neighbourly Planning Bill) is reforming CPO process to make it clearer, fairer and faster. As a result, planning authorities are encouraged to use these powers, particularly in areas of high housing need.
The White Paper provides the clearest support yet for Build-to-Rent (BTR) development. A consultation paper on Planning and Affordable Housing for Build to Rent has been published alongside the White Paper.
Understanding the Manchester Residential Design Quality Guide
Deloitte Real Estate’s Manchester Planning team has played an integral part in the preparation of the draft Manchester Residential Design Quality Guide and will continue to advise Manchester City Council as the document is developed up to its publication in early 2017.
In publishing "A City for all Londoners" the Mayor of London has reaffirmed many of his manifesto pledges (https://www.london.gov.uk/sites/default/files/cfal_oct_2016_fa_rev1.pdf). The document, known in GLA circles as "Towards a London Plan", acts as a prospectus for how to deliver the Mayor's pro-development vision for meeting London's ever growing housing, economic and infrastructure needs, while protecting the things that Londoners value and trying to meet as much of the city's growth demands within London itself.
The newly published Greater Manchester Spatial Framework is already making headlines, principally because it suggests making the first substantial changes to the green belt that we have seen in a generation.
As 2015 draws to a close, we are already looking forward to 2016 and the publication of our latest Leeds Crane Survey.
This is a quick guide to the array of changes proposed in the Housing and Planning Bill published by Government on 13 October 2015:
The latest edition of our UK Property Handbook has just been sent out, containing the usual wealth of easy-to-digest detail on the domestic market. Here’s a quick look at a few of the top-level themes…