Plan to boost output

March 1, 2005
Property consultant Savills has come up with a ten point market-led plan for increasing housing output to meet the government's Communities Plan targets. The recommendations include reforming section 106 agreements, so developers have the option of a cash payment, and assessing 106 payments for brownfield and greenfield sites differently, since the "risks of brownfield development can be much greater." <p></p><p>The report also recommends that local planning departments be restructured, major planning applications be decided at a regional level, and major infrastructure works be supported with tax increment funding. "These solutions are important as there are challenges to higher housing output on the horizon," said Savills director of residential research, Richard Donnell. "A slowing housing market presents one of the greatest challenges to increasing the supply of housing in the short to medium term." </p><p>To reach Kate Barker's suggested target of between 70,000 and 120,000 houses per year, current levels of output need to increase by 50%, said the report.</p>

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