East Anglian property boss warns that legal ruling could stall small housing developments
A legal ruling which overides the exemption from providing affordable housing in developments of 10 homes or fewer will lead to fewer houses being built. warns Paul Bedford, head of local estate agents Bedfords.
Mr Bedford says the ruling by Justice David Holgate after a legal challenge by two councils means less brownfield land will be used for homes.
The contribution small developers make to house building should not be under estimated he warns.
“Small sites are the engine rooms of UK development as large national builders would not even entertain them.
“They are invariably built by small firms who have proportionately higher costs. The economic viability of their schemes is often on a knife-edge with little ability to challenge local authority demands for affordable housing.”
The move would also stall house building on small commercial sites he added.