Feb 02 2025 9 mins
Rob discusses recent announcements made by Chancellor Rachel Reeves regarding significant government investments in infrastructure across the UK. The episode highlights key projects such as the expansion of Heathrow Airport, the development of Europe's Silicon Valley between Oxford and Cambridge, and the redevelopment of Old Trafford, home of Manchester United. Rob talks about how these infrastructure improvements can positively impact the housing market, suggesting that property investors should pay close attention to these developments.
KEY TAKEAWAYS
- The UK government has announced significant investments in infrastructure, including the expansion of Heathrow Airport and improvements to various rail and road links, which are expected to positively impact the housing market.
- The development of East West Rail between Oxford and Cambridge is projected to add £78 billion to the UK economy over the next decade, highlighting the importance of transportation links in driving economic growth and housing demand.
- Potential changes to the planning and infrastructure bill could simplify the process for obtaining planning permissions, facilitating more development projects and potentially increasing housing supply.
- Major infrastructure projects, such as the redevelopment of Old Trafford and the lower Thames crossing, could lead to increased housing demand and property values in surrounding areas, making them important considerations for property investors.
BEST MOMENTS
"The biggest announcement was the Heathrow expansion... To have a third runway at Heathrow would be very, very suitable."
"If you are looking to buy or you're looking for long-term growth, buying in and around these areas with major infrastructure projects might be quite beneficial."
"The government are looking at making some changes to the planning and infrastructure bill... that might make planning permissions a lot easier."
"If there is a new road tunnel going between Tilbury and Gravesend, have a look at the surrounding areas and the potential impact that that could have."
"When we're looking at infrastructure projects around the UK, it's important to bear in mind what's going on, because that can have a massive impact on your investment decisions."
VALUABLE RESOURCES
https://www.bbc.com/news/articles/czxknwyxk09o
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