Lincolnshire’s reaction to the housing white paper

Our reaction to the government's aim to get Britain building in the housing white paper this week

Lincolnshire’s reaction to the housing white paper
Ben Sykes
Published in Property Market on 14th February 2017
by Ben Sykes
0 comments
T
he government has outlined its intentions to encourage house builders (particularly small and medium sized developers) to increase activity in a bid to alleviate the housing crisis – implementing a number of methods to make house building more efficient.

We agree with the government’s ambitious plans highlighted in the white paper in terms of encouraging new homes. Methods detailed in the white paper include a new, standardised approach to the number of necessary new home calculations by local authorities and a dedicated £3bn home building fund to help support small and medium sized developers increase their activity. By 2020, the aim is to build 200,000 ‘decent, well-built homes with gardens’ across the UK. Lincolnshire is doing its bit to contribute to this and we are optimistic that the region’s underdeveloped land will help the country reach its national target.

We have more than 400 new homes coming to market over the next 18 months alone – so it’s a very exciting time for Lincoln and the surrounding areas.
Land allocation has also always been a contentious subject, so it’s good to see further encouragement for developers to move towards a three storey approach to save land space. It will be interesting to see if there is a move towards the four storey design in coming years.

This will be especially interesting for Lincoln as there are very few high rise blocks in the city. The ‘mansion block’ style – discussed in the white paper – offers an alternative to high rise blocks which avoid drastically changing the skyline which, from Lincoln ridge, can be seen for miles around. We have more than 400 new homes coming to market over the next 18 months alone – so it’s a very exciting time for Lincoln and the surrounding areas.

Flagship developments in the city, including St John’s Village, Bracebridge Heath, and Cherry Paddocks, Cherry Willingham, have both been selling incredibly well; further supporting the notion that we’re in desperate need for new homes and demand continues to in the new homes sector. That being said, I also think that it is hugely important to continue to encourage smaller projects with smaller, local developers – which was highlighted in the white paper, concluding that 60 per cent of the country’s new homes are being built by just 10 companies. We have worked on a number of smaller projects which larger providers are unable to develop – this increases the likelihood of brownfield site development, preserving greenfield sites and the environment.

About the author: Ben joined Pygott & Crone in September 2015 as a sales negotiator in the Lincoln residential office, and became a New Homes specialist the following year.
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