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Mandatory housing targets, more funding for planning officers and a definition of ‘grey belt’ land feature in the new rules published on 12 December 2024. The revised framework underpins the Labour Party’s manifesto commitment to build 1.5 million homes over five years.
In a working paper published on 9 December 2024, the Secretary of State for Housing sets out options for revolution in the national planning system, which will be introduced through the Planning and Infrastructure Bill. Proposals focus on modernising, up-skilling, and empowering local planning officers and committees to operate as effectively as possible and deliver the homes and infrastructure which are desperately needed across the country.
Cabinet Secretary for Finance, Mark Drakeford, MS, has published the Welsh Government's Budget for 2025-26. Propertymark is disappointed that Land Transaction Tax (LTT) for additional properties has increased by 1%, but it is encouraging that the Welsh Government has listened to our call for fair funding for local authorities.
The UK Government has unveiled plans to reform the Energy Performance of Buildings (EPB) framework in England and Wales, with sweeping changes to the way Energy Performance Certificates (EPCs) are structured, used, and valued. Both commercial and residential agents, landlords, and property owners will need to renew their EPCs more often, and some exemptions, for example for heritage properties, may no longer apply.