Government advances £3bn building safety levy plan
Government advances £3bn building safety levy plan
Abstract
The Department for Levelling Up, Housing and Communities has started consulting developers on the plans. Under the proposals developers of residential buildings, regardless of their height, will have to pay the levy contribution as part of the building control process. The consultation falls short of setting the actual base levy rate which will be used to calculate payments based on multiples of either units or sq m. The Building Safety Levy will run alongside the different pledges by 49 leading house builders to fix life-critical fire-safety defects. This is estimated to be a commitment of at least £2bn in the last 30 years. For more information, please contact the Department for Local Government and Building Safety Lee Rowley and the National Housing and Housing and Community Trust on www.
