HS2, Birmingham Airport Expansion, HSBC and other high profile HQ relocations, Common Wealth Games, Coventry City of Culture are just a few of the factors fuelling the unprecedented growth of the Midlands Economy and an increasing demand for housing. The Midlands Development Sector is on the rise and in response to this Fieldfisher is holding a Seminar for clients this Wednesday 13 June 2018 at the Fieldfisher Birmingham office. The Seminar will be led by several leading industry professionals who will reflect on the development opportunities in 'UK Central'.
As the HS2 journey from London to Birmingham will be set at 32 minutes, this will naturally bring in greater opportunity for development in 'UK Central'. Cllr Ian Courts of Solihull Metropolitan Borough Council will open the seminar to explain how the combination of billions of investment in infrastructure and the proposed 1 million sqft of development and 5000 homes will change the UK Central Landscape for ever.
In partnership with other key organisations the Seminar will provide valuable insight into exciting developments on demand, funding and delivery key to bringing the UK Central plans to fruition:
Production of homes built for purpose
Adam Willetts, Senior Development Manager of Urban Splash invites discussion on the Company's factory made, purpose built homes that will be sent to the 'Port loop' development in Birmingham. They seek to offer a real alternative to the process of construction with their efficient system of manufacture, assembly and delivery.
Build to Rent Schemes
Sue Simpson & Merle Wray, Partners at Fieldfisher discuss the highly topical build to rent developments in the Birmingham market, which has become increasingly popular amongst developers and investors. The schemes allow developers to sell to an individual investor to rent out to residential occupiers which has the benefit of a safe market for developers in a volatile market, a large stable profit stream for investors and creates a community for occupiers.
Changes to National Planning Policy
Richard Humphries QC of No5 Chambers talks about the changes in the National planning policy guidance, intended to make planning permission easier to obtain. An understanding of the changes to the presumption in favour of development is vital for prospective developers seeking to grow their business.
Overview of markets and prospects for growth
Eleanor Deeley, Director of Cushman & Wakefield examines statistical data in the current Help to Buy and Buy to Let markets with an analysis of projected price forecasts in the general housing market. Eleanor also discusses the change in demand in property over recent years in terms of growth and then takes a prospective view of the future of homes and individual buying mentality.
The seminar is set to be a success, providing an innovative and practical discussion into the vast opportunity for new business at 'UK Central', and how developers, investors and landowners can best take advantage of the opportunities.