The UK government has introduced new measures requiring housebuilders to commit to specified delivery timelines before obtaining planning permission. Under these rules, developers must submit annual progress reports to local councils. If builders repeatedly fail to meet their targets, they risk losing control of their land to councils and facing financial penalties. This initiative aims to tackle the housing crisis in England and ensure the construction of 1.5 million new homes by 2029, amidst criticism from the Conservative Party about the burdens placed on builders.
Housebuilders who fail to meet new delivery time frames may have their land handed over to councils and face significant penalties.
Alicia Walker of Shelter stated that developers often delay building to keep prices high, avoiding their duty to provide essential social housing.
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