Really good news for SME housebuilders/developers this morning: Today’s proposals include: Faster decisions for small sites: Minor developments of up to nine homes will benefit from streamlined planning and eased Biodiversity Net Gain (BNG) requirements, with faster decisions being taken by expert planning officers, not planning committees; A new ‘medium site’ category: Sites between ten to 49 homes will face simpler rules and fewer costs – including a proposed exemption from the Building Safety Levy and simplified BNG rules, making it easier to deliver biodiverse habitats on these sites, delivering a win-win for nature and development; More land and financing options for SMEs: Homes England will release more of its land exclusively to SMEs, and a new National Housing Delivery Fund to be confirmed at the spending review will support long-term finance options, such as revolving credit facilities and lending alliances. A new pilot to unlock small sites for SMEs: the Small Sites Aggregator pilot in Bristol, Sheffield and the London Borough of Lewisham will unlock sites that would otherwise not have been developed, while attracting private investment to build new social rent homes. Building on a model developed by Lloyds Banking Group’s Social Housing Initiative, the Small Sites Aggregator will help tackle the housing shortage, address unviable small plots of land, and create local jobs supporting the government’s Plan for Change.

Posted by Richard Little at 2025-05-28 09:11:04 UTC