Property update: coming up in 2013
On the 5th of December, George Osborne delivered his Autumn Statement to the Commons, with little Christmas cheer. The Chancellor confirmed that growth forecasts were to be revised downwards and the national debt was taking longer to reduce than anticipated. With such a paucity of cockle-warming news, the government’s legislative programme for 2013 has assumed even more importance, and will have significant property law implications. This article takes a look at a few developments in the pipeline for 2013.
Last month, the Growth and Infrastructure Bill had its second reading in the House of Commons, and is expected to become statute by April 2013.
Perhaps the Bill’s most controversial reform is the plan to allow applicants for planning permission in ‘underperforming’ local authorities to apply directly to the Secretary of State. How an authority will be deemed to be underperforming is largely unknown at this stage, but it could be encouraging for applicants to have the option to bypass inefficient councils…
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