HMT announces taskforce to accelerate housing development on public defence land
HM Treasury (HMT) has announced a new taskforce to accelerate the construction of homes on surplus public defence land across England. The taskforce will explore new delivery models and foster collaboration among government bodies, including the Ministry of Defence and Homes England, to identify, develop, and release unused public land for housing development. Additionally, a new property company, formed by Network Rail and London & Continental Railways, is set to become operational in late 2025. The company aims to attract public and private investment to develop brownfield sites, with the potential to deliver up to 40,000 homes over the next decade. The first development sites will be in Newcastle, Cambridge, Manchester, and Nottingham.