The Department for Levelling Up, Housing and Communities has proposed a new ‘Infrastructure Levy’ (IL) under its proposed Levelling Up and Regeneration Bill. The reform will see the largest reinvention of development land tax and replace the current Community Infrastructure Levy (CIL) and Section 106, with the new IL. The consultation period ran until 9th June.
RCA Regeneration confirm savings for its developer clients have now exceeded £15,900,000 (since Jan. 2022), unlocking previously unviable sites through Financial Viability Assessments negotiations with local authorities.
Good news for RCA's Development Team!
We are delighted to announce the team has been appointed to JV North's Dynamic Purchasing System (DPS), under the Valuation Services lot.
Due to significant growth of the business and increasing opportunities within Cambridgeshire and Norfolk, RCA Regeneration Ltd. have recently expanded into the east of England after welcoming new Director Helen Morris to the team.
The shiny new NPPF is here. Except, it’s not really that new at all. We have become very familiar over the course of the last year with how the government wishes to introduce ‘beauty’ into the planning process. This of course follows the recommendations of the Building Better Building Beautiful Commission.
From a viability perspective, this question could equally be phrased the other way around.
On Saturday morning (30/01/2021), MHCLG released an open consultation on some proposed revisions to the National Planning Policy Framework (NPPF) as well as a new draft National Model Design Code.
Landowners, whether they be individuals or organisations, have a range of options when they consider how to maximise the value of their assets. These options depend upon the level of resources which they wish to commit, and the level of risk associated with that process.
On 21st July 2020, Housing Secretary Robert Jenrick announced new and expanded Permitted Development (PD) rights which he argued would deliver much-needed new homes and revitalise town centres. The new measures were originally mooted in the Prime Minister’s ‘Build, Build, Build’ announcement back at the end of June, in which Boris Johnson promised “the most radical reforms to our planning system since the Second World War”.