Smaller housebuilders could benefit from councils’ new land-buying powers
SME developers and housebuilders should get a greater slice of the action under local authorities’ new powers to buy land for affordable or social housing. Councils and Homes England can now acquire land through compulsory purchase orders, CPOs, providing it’s in the public interest to enable affordable or social housing or for health or education. Levelling up minister Jacob Young said: “Our changes will act as a catalyst for investment in our towns and cities and drive much-needed regeneration across [...]