
In the second of our blog posts on some key developments in planning law in 2022, we look at some new proposals set out in a Consultation published in December 2022 on how to stop landbanking. These come on top of some new provisions known as the “use it or lose it” clauses in the Levelling-up and Regeneration Bill which is slated to become law in spring of this year.
The process of landbanking, whereby landowners obtain planning permission (thereby securing an enhanced value for their landholdings) but fail to implement (or at least substantially complete) a permission, has long been identified as a problem, particularly in the residential sector. The problem is now acute with the lack of suitable and affordable housing availability.
Continue Reading Our top 6 Planning Law takeaways in 2022 – Part 2: Proposals to stop “landbanking”