At a recent seminar for the property and housing sector in Essex, jointly hosted by law firm Prettys and property consultants Bidwells, improving transport links in the region was identified as the key to ensuring that the county will really benefit from the current housing growth.
The event which had guest speakers including Jeremy Potter (Planning & Strategic Housing Manager from Chelmsford City Council), and representatives of each of Bidwells and Prettys, addressed some of the main issues and concerns regarding housing land supply and growth requirements.
In addition to examining the factors that will ultimately make housing growth a success, the attendees also raised concerns about the impact of Brexit: 50% of respondents cited that it could cause a reduction in the labour market with another 40% confirming that they feared an increase in the cost of materials.
Commenting on the event, Rebecca Palmer, associate in the specialist construction and development team at Prettys said, “It is reassuring to see that the need for housing in Essex is being addressed, however, the industry is still fragile and our network of contacts is clearly concerned that the success of current planning could be affected by lack of transport infrastructure or by the fallout from Brexit.”
Prettys represents individuals and businesses in every part of the property industry and the popular Developers’ Club provides an ongoing programme of events, seminars, legal updates and newsletters to the property and construction sector.
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