Launching the call for evidence, Sir Adrian said: "I want to focus on two fundamental questions. Will the changes that the Government has introduced go far enough to generate significant new flows of investment? And, if not, what can be done to accelerate things?"
The review builds on previous work undertaken by the Government including changing the stamp duty on bulk purchases, reforms to residential Real Estate Investment Trusts in the United Kingdom and the Homes and Communities Agency’s private rented sector initiative. So the emphasis is very much on new evidence and fresh thinking.
Sir Adrian is supported in the review by an expert reference group consisting of Vidhya Alakeson (Resolution Foundation), Graham Burnett (Universities Superannuation Scheme), Tim Brown (De Montfort University), Ian Fletcher (British Property Federation), Nick Jopling (Grainger plc), Victoria Mitchell (Savills), Martin Moore (Prudential Property Investment), Nick Salisbury (Consultant), and Peter Vernon (Grosvenor Ltd).
Submissions are sought by 31 March and Sir Adrian plans to report his findings and possible recommendations to Ministers in June 2012.
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