{"id":321162,"date":"2011-03-19T00:00:36","date_gmt":"2011-03-19T00:00:36","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/19\/property-planning-rules-to-soften\/"},"modified":"2011-03-19T00:00:36","modified_gmt":"2011-03-19T00:00:36","slug":"property-planning-rules-to-soften","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/19\/property-planning-rules-to-soften\/","title":{"rendered":"Property planning rules to soften"},"content":{"rendered":"

\n \t\t
\n 18 March 2011<\/span>
\nLast updated at <\/span>20:00 ET<\/span>
\n<\/span><\/p>\n

\t\t\t\t\t \t \t\t \t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\tBy Joe Lynam<\/span>
\n\t\t\t\tBusiness correspondent, BBC News<\/span>
\n\t\t\t<\/span><\/p>\n

The Government is set to announce measures in the Budget to make it easier for companies in England to convert commercial property into private dwellings.<\/p>\n

The BBC has learned that soon planning permission would no longer be required by developers.<\/p>\n

The government says this should result in up to 250,000 additional houses or flats being created.<\/p>\n

The plan would require changes to existing legislation. <\/p>\n

The new rules could be in place before the end of the year.<\/p>\n

They would not apply to shops.<\/p>\n

Vacant properties<\/span><\/p>\n

Government sources said the changes, which are expected to be announced next Wednesday, could save \u00a3140m in red tape over 10 years.<\/p>\n

The plan has been welcomed by the British Property Federation.<\/p>\n

Last year, some 129,000 new housing units were built in England.<\/p>\n

That is the lowest peacetime figure since 1923. <\/p>\n

Almost 10% of commercial properties currently lie vacant.<\/p>\n<\/p><\/div>\n<\/p>\n

Excerpt from:
\nProperty planning rules to soften<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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