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Government Obstacles On The House Building High Road

Government Obstacles On The House Building High Road

The view from Manor Nursery
Source: Flickr


Two proposals set out by the government during the last quarter of 2007 are likely to have major impact on the house building industry in 2008 and beyond.
The first being the call for 3 million new homes by 2020, and the second and most significant, the proposed introduction of a statutory new planning charge.

The planning charge is designed to help pay for the infrastructure needed for new developments, and encourage regions and local authorities to plan positively for housing and economic growth.

The Government’s decision to scrap the controversial Planning Gains Supplement (PGS) in favor of the planning charge will be a relief to the industry, which feared that PGS would create a vacuum on the number of new sites brought to the market, and make many schemes financially unviable.

While the planning charge is a better way forward, it is not without its concerns. Any tax on land, which this undoubtedly still is, will either mean a rise in the cost of homes or will reduce the land value, which may have a negative effect on the number of sites coming forward for development.

The proposal for the planning charge is that it will based on a costed assessment of the infrastructure requirements specific to the development, taking into account land values. This is crucial as the cost of land in the South is significantly higher than in the North, and if the charging structure fails to take into account this regional difference then this will have severe consequences for the ability for house builders to develop new homes in higher priced regions.

The initial proposals by the British Property Federation, Home Builders Federation, London First and the Major Developers Group to the Government suggested that the charge should vary according to whether a site is greenfield, brownfield or regeneration scheme. Developers should be able to argue for a reduced tariff payment, if a scheme is not viable because of the tariff or other impositions, such as Section 106. This proposal will be key to the success of this idea.

One of the aims of the planning charge is to help make the planning process simpler. While this is to be welcomed this needs to go hand in hand with creating more land opportunities. Britain’s house builders cannot build 3 million new homes by 2020, just on brownfield sites alone, the use of the greenbelt will be essential to achieving this. The Social Marketing Foundation said in August that approximately 2 million of these new homes will need to be built outside of existing town and city boundaries.

Natural England is currently proposing a review of the greenbelt, which will look into the possibility of releasing parts of it for development. The emphasis would be on creating green wedges and corridors to link the natural environment to built areas. I would welcome, as I am sure most of the house building industry would, a review which takes a realistic view of the existing greenbelt alongside the need for new homes. Originally the greenbelt was created to protect and prevent urban sprawl. However, in recent years it has become a political issue, which has resulted in it becoming untouchable.

Building on the greenbelt in sustainable locations where access to infrastructure is already in place, will ensure a much better solution to England’s housing shortage than the development of new towns with little infrastructure or community.

The Government’s decisions on planning and housing need to be carefully considered to take into account the needs of the population and not be based on what is likely to be a vote winner. What often seems to be forgotten is that it is house builders who build homes and not the Government. Therefore the Government needs to take care not to jeopardies development opportunities by implementing policies which might hinder supply or make developments economically unviable.

House builders have the capability and willingness to build more homes but are prevented from doing so through a lack of land, long and drawn out planning legislation and a lack of commercially viable opportunities. It is to be hoped that this new planning charge will aid and not hinder the industry.

Acapulco Real Estate

Acapulco Real Estate

IMG_9998
Source: Flickr

Acapulco is home to one of the most spectacular views in the world, the Acapulco Bay, together with its breathtaking natural beauty, tropical climate, postcard beaches, explosive night-life, gourmet restaurants, and unending activities. This place is sought after not only by tourists but the ‘rich and famous’ as well.

If you’re considering owning or renting a tropical second home for retiring in Mexico, or the cold winter weather, or even investing in a residential or commercial property, good deals can be found in Acapulco real estate. Acapulco real estate features a range of residential properties including condos, apartments, houses, luxury villas, and land. Acapulco condos can be very affordable even with those located on the beach with great view of Acapulco bay and can enable a lot of people to live and retire in this tropical paradise city on a very self-effacing budget.

JQ Real Estate offers home, condominiums for sale, and villas with all price range, and is of the Acapulco real estate agency that’s highly recommended. Another Acapulco real estate agency is the Ignacio Aragon Real Estate that has properties for sale and short or long-term rentals. Some Acapulco real estate agencies offer commercial properties including commercial leases, lots, and even local businesses for sale.

When purchasing an Acapulco real estate or properties in Mexico, non-Mexican citizens can own and buy real estate in Mexico except those properties located in the coastal and border areas. Although Acapulco is obviously located in a coastal area, foreigners can still buy a property through a 50-year “Trust”. When this trust expires, the Mexican government will issue the owner a new permit for another 50 years. Considering the process, you may want to procure the services of a local attorney who’s an expert with Mexican laws.

Here are two of the featured Acapulco real estate properties that you may want to check:

La Cima Villas
This four luxury villas development is located in the hills of La Cima overlooking the Acapulco Bay, which were designed by Acapulco’s renowned architect, Franco Javier Larios. The designs and size of the villas are comparable to those villas priced two to three times higher, making them an attractive real estate property for buyers.

Casa Clarisa
This luxury villa has a beautiful view of Acapulco bay located in Marina Brisas. The villa is a five-bedroom 6-bathroom villa, which is fully furnished that includes pool and Jacuzzi, sauna, fitness room, home cinema, air-conditioning, and huge walk-in closet, and is also exquisitely decorated. Includes a parking for three autos and is private and secure.

Acapulco real estate has a wide array of choices from the most elegant and expensive villas, to the modest ones that will suit every need of a home seeker in this tropical paradise city.

Land For Sale UK

Land For Sale UK

PBWA Rickmansworth
Source: Flickr

As they say “Every day, you’ll have opportunities to take chances and to work outside your safety net. Sure, it’s a lot easier to stay in your comfort zone.. in my case, business suits and real estate.. but sometimes you have to take risks. When the risks pay off, that’s when you reap the biggest rewards.”
This is so true that one has to take risks in order to reap benefits and investing in land in UK is a lucrative option. Although vast swathes of land in the UK have been protected from development for many years, the government is beginning to accept that the requirement for new housing is so great that it is unrealistic to keep many of these restrictions in place.
This admission by the government that previously undeveloped plots of land may in future be subject to planning permission has vastly increased the chances of private investors making very large profits by buying up land that currently has planning restrictions. Such land often referred to as Greenfield or greenbelt land can be purchased in small, affordable plots which, in the event of planning permission, can be worth up to ten times its value today.
Investing in plots of land for sale is becoming an increasingly popular alternative investment as land is a tangible asset on which you can potentially build on and also it holds good potential for the future.
UK Land Investments are recognized as the industry leaders when it comes to wise investment in prime residential land. With decades of collective experience in the investment industry, we can offer the business expertise to formulate, and then execute, the very best planning applications for our clients.
UK Land Investments Group is experts when it comes to investing in land. We work by identifying and buying parcels of prime, undeveloped land in the UK and then offer them to our private clients for investment. It’s this rare blend of knowledge and practical know-how of our professionals which sets us apart and ensures that our clients benefit from superior advice when it comes to investment in land.
Here at UKLI we believe in constantly striving towards the highest standards within an ever growing industry. We buy land that is close to a recent residential development and which has road frontage for easy access. We also negotiate on your behalf with local councils so that you don’t have to worry about getting planning permission. This provides you and our other private clients considerable collective bargaining power and that’s what makes this such a unique investment opportunity.
NPOAA guarantees you:
* To have a no questions, 100% money back guarantee for 14 days
* To operate a zero claw back policy on land sites
* To ensure there are no hidden maintenance costs on any land sites
* To have a fully qualified, specialist in-house Legal Department – whose services are included in the price you pay
* To have a highly experienced in-house land buying team
* To work in partnership with an approved specialist planning company
* To aim to offer a re-sale service that offers excellent peace of mind to investors
Keeping all this is mind, I’ve also entrusted and invested in land with UK LAND INVESTMENTS GROUP as they offer great returns to the investor and they also negotiate on your behalf with local councils so that you don’t have to worry about getting planning permission.
Land can often been a good investment, depending on the location and/or size of the property. So what if I want to make investment in real state, there are many organizations who are offering to invest in non-planned land or properties and would get return 8 to 10 times more of what you invest after some years. There are some companies like www.uklandinvestments.com, www.uklandsale.com etc.