Greenbelt building set to continue for next decade
21 January 2010
Latest research conducted by property specialists, movewithus, has revealed that developers are foreseeing a continued strategy of building on the Greenbelt, with over half of those surveyed (55%) expecting the level of development of Greenbelt properties to increase by at least 10% over the next decade.
The research study, which questioned leading Residential property developers across the UK, reported that over a quarter (27%) of respondents believed that there would be an increase in development of Greenfield sites by 10%. A further 27% believed that development on such sites would increase by 20%. A third (33.3%) thought Greenfield development would remain the same.
Robin King, movewithus director, commented: “As pressure on local councils and the Government to meet housing demand rises, Greenbelt sites will become increasingly vulnerable to development. Although town planning policies prefer to re-use previously developed sites, land for building can be hard to find in the UK. Soon developers will have nowhere else to build except for Greenfield sites.”
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