The UK government is proposing reforms to simplify the planning process for smaller building companies to address a housing affordability crisis, aiming to build 1.5 million new homes by 2029. Labour’s housing secretary, Angela Rayner, announced plans to exempt smaller developers from certain environmental regulations and safety levies, while providing over £100 million in loans and support for technology investments. Industry leaders welcomed the proposals but emphasized the need for improved mortgage lending options to truly boost housing supply.
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