New levy jeopardises brownfield and mixed-use sites, warn landowners
Councils will struggle to set viable rates for developing brownfield and urban sites under the new infrastructure levy, warn landowners. The British Property Federation, BPF, argues that the levy is not site-specific and that this will have a negative impact on affordable housing provision. BPF policy director Ian Fletcher said: “The idea of bringing in a new infrastructure levy is to remove the complexities experienced under the current system of contributions, but the new levy has fundamental structural challenges and [...]