Discussing the barriers to brownfield development, Gareth Belsham, Director at Naismiths and National Head of Building Surveying explains to Development Finance Today;
“It is estimated that a million homes could be built on previously developed land in England alone, and such a huge injection of new stock would go a long way to tackling the housing crisis. But problems do arise when planning a brownfield development, especially if there has been any historic contaminative use.
Though the ‘polluter pays’ principle prevails, the contamination may date back hundreds of years, with the offender having long since disappeared…