Why Green and
not Brown

Under the original plan, the Government was under a relatively strict target and had to build around 3.6 million new homes by 2026.

60% of the homes from previous targets were to be built on brownfield sites. However, since the revision of the targets, the Government has not yet revised the percentages to fit in with the new goals. Tullett Brown does agree that brownfield sites should be utilised to meet the current housing needs. Although, we are of the view that brownfield sites are not something that would be of great interest to our clients, as they typically require a substantial cash injection on top of the initial purchase price.

The majority of brownfield sites require some form of demolition or clearance. Some sites may also require land decontamination from pollutants and hazardous chemicals. This all has to be carried out prior to any commencement of building. Typically, brownfield sites are often located in areas which are considered to be less desirable to live, for example industrial areas of towns and cities.