Political changes create new opportunity
Rory Baker
Dec, 19 2024Opportunities for Farmers Amid Political Change
Farmers looking to unlock more value from their land should take note. Political change has created new opportunities for diversification and development projects, advises a leading consultancy.
Labour’s Housing Ambition
The Labour Government’s house-building targets are a major opportunity, says Rory Baker of Ceres Property. Labour aims to build 1.5 million homes during the current parliament.
To tackle the housing crisis, Labour plans to kickstart economic growth after years of stagnation. Rory explains:
“In order to do this, Labour is introducing planning reforms through an updated National Planning Policy Framework. These reforms aim to address housing supply shortages, land constraints, and the strain on local infrastructure and services.”
Key Planning Reforms
Labour’s changes include:
- Mandatory housing targets for councils.
- A review of the Green Belt to identify ‘grey belt’ land.
- Measures to accelerate local plan-making nationwide.
- A strong focus on affordable housing and social infrastructure.
Local plans ensure communities have a voice in development. They balance housing needs, economic growth, and environmental protection.
Grey Belt and Green Belt Reform
New housing targets depend on land availability. Rory notes:
“Local housing targets link directly to Green Belt reform. A significant amount of new housing will be built on grey belt land.”
Grey belt includes land that contributes little to Green Belt purposes. Examples include old petrol stations, car parks, and former livery yards or equestrian facilities.
“The grey belt concept and updated Green Belt policies will make it easier to unlock land suitable for redevelopment,” Rory adds.
“This could open up significant development areas, especially on urban fringes.”
Beyond Housing: Infrastructure and Renewables
Housing isn’t the only opportunity. Labour also wants to simplify building key infrastructure, such as data centres, and accelerate wind and solar projects nationwide.
These changes create openings for landowners. They can promote land for strategic development or dispose of sites for renewable energy projects.
“We know roads and public transport investment is another Labour commitment,” Rory says.
“Rail upgrades in the north, HS2, East-West Rail, and local schemes are all in play for farmers.”
What Landowners Should Do
Landowners with suitable sites must engage and influence. Rory warns:
“Development is an emotional topic. Regulatory and planning barriers will remain, even with reform.”
Expert Support
Ceres Property is a specialist consultancy offering tailored property, development, and planning advice.
For more information, visit www.ceresproperty.co.uk.