Isabel Hardman Isabel Hardman

Exclusive: No 10 advised to punish land hoarders

Though the government’s planning reforms will make it easier for developments supported by local communities to gain planning permission, one of the big blockages in the system is made up of developers themselves. The government is becoming increasingly aware of this, and one ministerial aide close to housing policy has come up with a solution.

Jake Berry, who has worked as PPS to Grant Shapps since November 2010, has written a paper for Number 10, which Coffee House has had exclusive sight of. It argues that developers who land bank sites with planning permission should be penalised for doing so. There are currently 250,000 units with permission for residential development sitting untouched while developers wait for the value of the site to rise, and every five years, developers renew the permission and keep the site empty.

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