Budget: Planning reforms will boost SME expansion, says Aldermore

POSTED: 19th March 2014
IN: Newsroom

Commenting on the Chancellor's reforms on the planning system announced today, Aldermore Bank's Commercial Mortgages Managing Director Rob Lankey says:

"We are pleased to see the Government is taking decisive steps to reform and streamline the planning system, which will help property developers, SMEs and homeowners alike.

"It's great news that the Government will be consulting on introducing greater flexibilities for businesses seeking to expand, including allowing changes to car parks, loading bays and non-retail facilities within existing boundaries.

"This, along with the increased investment allowance, will be a big boost for SMEs who are currently considering whether to expand, but are currently restricted by onerous planning laws."


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