7 Sep 2016
Policy area: Planning
The British Property Federation has welcomed the introduction of the Neighbourhood Planning Bill to Parliament following the end of the summer recess.
The organisation, which represents those who own and invest in commercial property, has particularly welcomed provisions within the Bill to streamline and simplify the CPO system, which it considers an essential tool for encouraging investment in ambitious infrastructure projects.
The BPF further supports provisions to strengthen neighbourhood planning, which will allow development to take place in accordance to local wishes, and improvement to planning conditions, which could prohibit conditions that do not adhere to the NPPF.
Melanie Leech, chief executive of the British Property Federation, said: “It is great to see this Bill introduced to Parliament so soon after recess, and to see government prioritising measures that will bring forward more development.
“The measures to improve the CPO system are particularly important as they will help to bring about infrastructure projects more quickly and efficiently, which are crucial for attracting inward investment and acting as a catalyst for regeneration schemes.
“Our industry is an important cornerstone of the economy, creating jobs, attracting investment, and delivering the homes and workplaces that are crucial to our everyday lives. The provisions laid out in the Bill should go some way towards helping our industry continue to deliver these things, and we are pleased that it is now getting underway.”