In July 2018, the government published a revised version of the National Planning Policy Framework, known more commonly as the NPPF2. Its aim is to encourage local authorities to build more affordable housing, in the hope of easing the housing crisis. In fact, the goal is to supply 300,000 homes each year by the mid-2020s.
Proposals to protect new-build buyers
Advisory body the Home Owners Alliance has recommended that buyers of new-build homes should be able to retain 2.5% of the purchase price for the first six months to cover the cost of snagging defects. The body’s chief executive said that the proposal “would create a powerful incentive for builders to put problems right”. Such […]