The Housing, Communities and Local Government Secretary, Robert Jenrick MP announced that the Government are introducing a levy on developers who seek regulatory permission to build certain high-rise residential buildings, also known as “Gateway 2”.
The Government are consulting to seek views on the design of the levy, and evidence of possible impacts on housing supply and regeneration, and the housebuilding industry. We welcome views and evidence from all interested stakeholders.
The Ministry of Housing, Communities and Local Government (MHCLG) have launched a consultation on the Building Safety Levy.
Subject to the passage of the Bill through Parliament, this levy will apply to developments in England seeking building control approval from the Building Safety Regulator to start construction of certain buildings: the “Gateway 2” stage of the new building safety regime.
The levy will sit alongside a new tax on developers in the residential property market, which is set to raise at least £2 billion over a decade towards the costs of making buildings safer. A separate consultation on the design of the residential property developer tax recently closed on 22 July 2021.
The Building Safety Levy consultation seeks views on the potential design of the levy, and evidence of possible impacts on housing supply and regeneration, and the housebuilding industry.
CIOB, as a professional body, are unable to comment on the scope of the levy but have instead pulled together some of the key questions for industry in a survey. Click here to take the survey.
Should we receive enough evidence we will submit a response to MHCLG informing them of the views of our members and those who have taken this survey. Of course, if you would rather respond individually you can do so here. We would, however, welcome you to circulate any formal responses or views to our policy and public affairs on [email protected].
The consultation closes on Friday 15 October 2021.