A property investment company has voiced support for amended change of use regulations set for introduction at the end of the month.
According to Consensus Capital Property, alterations to change of use laws for offices could give a boost to both high streets and national economic recovery.
Once measures come into force on 30 May, planning permission will no longer be required for the conversion of offices into residential properties or different businesses.
Managing director of Consensus Capital Property, Andrew Montague, said: ‘England’s high streets have suffered enormously over the last five years, and at the same time there is a serious shortage of homes in the affordable rented sector.
‘The planning changes coming into force at the end of May are very good news for social landlords who are facing significant demand for people who need access to affordable homes.’
Earlier this month, the Town and Country Planning Association warned the relaxation of rules could see unsuitable buildings being developed into schools and home