New government proposals empower councils to fine developers who slow housebuilding, aiming to deliver 1.5 million homes. Developers must commit to timelines for construction and provide progress reports, facing penalties if they deviate from schedules. Proposed fines will consider lost council tax revenue, targeting those who remain significantly behind schedule. Additionally, the legislation will require a mix of housing types in developments over 2,000 homes and streamline the planning process to eliminate delays and legal challenges, reinforcing the government’s push for immediate action on housing.
Developers will face fines for delays in housebuilding as councils gain new powers to enforce timeliness, aiming to deliver 1.5 million homes.
The government plans to penalize developers who do not meet construction deadlines, emphasizing the importance of accountability in addressing the housing crisis.
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