For anyone involved in buying or selling a property, the risk of local development is important to understand. Property development can impact local infrastructure, the aesthetics of an area, views, traffic volume and of course, property value.
This impact isn’t always a negative, although we tend to be opposed to local development than for it! Disused buildings can quickly become eyesores and a magnet for anti-social behaviour. Developing these plots can have a hugely positive impact on an area, so understanding just what is planned and what has potential for planning in our neighbourhood is key.
Better the devil you know
How likely are you or your clients to be affected by property development?
Developers have been informed by James Brokenshire, the Housing Secretary, that they need to be doing more to protect the British wildlife.
Using systems like hedgehog highways, hollow swift bricks, and creating drainage areas to create wetlands for bird and amphibians, the government has set out new guidelines explaining how developers should be protecting certain British species.
Developers should be taking into consideration the long-term impact their developments will have on ecosystems, both throughout and post construction, says the government.
Outline planning permission has been granted by Thurrock Council’s planning committee, for a £1 billion proposal.
Purfleet Centre Regeneration Ltd (PCRL), (a joint venture between Urban Catalyst & Swan Housing Association), submitted the plans for Purfleet on Thames.
Up to 2,850 homes are included in the plans, as well as; shops, restaurants, a medical centre, community facilities, a new town centre, upgrades to the rail station, improved riverside area, a new primary school, a 1,000,000 square feet media village with art, film and TV studios and new parks and leisure spaces.