Rural land owners want to build more homes

Rural land owners want to build more homes

More than 60% of land owners would build more homes to rent and buy if they had more confidence in the processes of local councils, a new study states.

Country Landowners Association (CLA), which represents land owners, farmers and rural businesses, put together the study and found that 50% of their members feel like there’s a housing crisis happening in their own community.

Britain’s top holiday destination for 2017? Britain!

The reason that keeps them from building more homes is a complex planning system that is felt to be too risky and inflexible.

More than 20% of CLA members have made plans to develop another property or two over the next five years. However, 63% also stated that they were willing to build more homes if the local council gave them better support when it comes to the planning process.

The organisation came to the conclusion that giving smaller, private developers more certainty and better support could help in ending the shortage of homes available for everyone.

Ross Murray, CLA president, commented the findings:

“The rural housing challenge we face is to deliver a range of much needed homes which will reinvigorate our rural areas across England and Wales and help to build a stronger, more sustainable countryside.”

“Over six million people live in our rural communities. Planning policy must be more positive about the socio-economic benefits that development can bring about, and should focus more on what development is needed to ensure these areas thrive in the future, rather than attempting to restrict settlement growth,” he continued.

5 Surprising Factors that Impact House Prices

A stronger growth rate across smaller towns and villages could make a huge difference to the country’s housing shortage. The study found that 25% of CLA members want to build affordable homes and 40% are hoping to build homes to rent, which means it’s obvious that rural land owners have the capacity to help, they’re just missing the support to make it happen.

“Without a mix of homes for people who want to live and work in the countryside, rural areas are at risk of becoming only the preserve of commuters, the retired and holiday homes,” Murray added.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

STAY AHEAD OF THE MARKET

Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment

FIRST FOR NEWS AND KNOWLEDGE.

Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:

 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

 

+852 6699 9008

Open from 9am-6pm HKT