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Evening Standard
Evening Standard
Politics
Holly Williams

Housebuilding to hit 40-year high as red tape cut, but buyers ‘need support’

Planning reforms will see housebuilding reach a more than 40-year high by 2030, but calls ramped up for more action to boost the flagging property market and help get buyers on to the property ladder (PA) - (PA Wire)

Planning reforms will see housebuilding reach a more than 40-year high by 2030, but calls ramped up for more action to boost the flagging property market and help get buyers on to the property ladder.

The UK’s fiscal watchdog, the Office for Budget Responsibility (OBR), has forecast that Labour’s reforms to cut planning red tape will boost housebuilding by 170,000 over the next five years, to 305,000.

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