In recent years, there has been a spate of initiatives to help first-time buyers get on the property ladder, from Help to Buy to Stamp Duty exemptions. And by and large these measures have had the desired effect: demand from first-time buyers seems to be getting stronger all the time. The latest figures from trade body UK Finance show first-time purchases up nearly six per cent year on year.
The latest report from the Campaign to Protect Rural England (CPRE) shows that there is enough suitable brownfield land in England to build more than 1 million new homes.
The report, released last month, is based on analysis of local council’s brownfield registers. It shows that there are more than 18,000 sites – an increase if 2,600 since February 2018 - and more than 26,000 hectares of brownfield land that could be built on.
David Cooper, one of the UK’s most senior planning lawyers, has called for the Green Belt policy to be scrapped, describing it as ‘the worst thing that ever happened to the economics of this country’.