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The main points to note are:
The proposed privatisation of the Land Registry will be done through NIB. Both property practitioners and the general public have their concerns and this is evidenced by over 200,000 signatures to the 38 degrees petition to stop privatisation.
Practitioners are concerned that the overriding aim to make profit will result in increased costs, a fall in standards for an already overstretched service and more barriers between practitioners and their need for an efficient and accessible service to important property and land data.
Yes, the government announced its aim to build one million new homes by planning to launch a £3bn home building fund. This will support the construction of 160,000 to 200,000 homes over the long term with particular emphasis on small developments.
In addition, there are a number of planning reforms to be introduced by NIB including:
The government wants to simplify the law regarding land ownership with a view to introducing a draft Law of Property Bill. The Law Commission publish
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