The Editor of Property Week has stated their delight over the recently confirmed extension to permitted development rights for office to residential conversions.
The changes mean that all applicants will have 3 years to implement the change of use from the date of the prior approval.
As a company, we are also incredibly happy with the announcement, as we are focused on doing everything we can to help fix the UK’s current housing crisis, and permitted development has made a significant contribution to London’s housing needs.
Over the last 12 months, Inspired Homes has delivered 519 units in Greater London, which is more than Crest Nicholson and other major house-builders. We are very happy with the recent announcements, as we believe very strongly that permitted development rights are one of the key methods for increasing housing supply.