The government has formally announced its 'four point plan' to encourage development in the UK.

Key measures include:

  • The further relaxation of planning rules on brownfield sites
  • Encouraging the development of 'starter homes'
  • Introducing the right to buy for housing association tenants
  • Pooling local authority pension funds into 'British Wealth Funds' which will be encouraged to invest in infrastructure
  • Sale of government assets to fund infrastructure
  • The creation of the National Infrastructure Commission

None of these measures are exactly new. Many of them featured in the 'productivity plan' unveiled earlier this year. However, today's announcement does suggest that draft legislation (including the long awaited Housing Bill) may not be far away.