If you are planning a new development, you may be asked to pay a contribution towards funding and associated infrastructure, such as road improvements, education facilities or affordable housing. We will advise you at the outset of your project if these contributions are likely.
This may be achieved through a Section 106 Agreement whereby developers and local authorities negotiate and agree, the required contribution.
However many local planning authorities have introduced the Community Infrastructure Levy, better known as CIL. This sets a non-negotiable tariff for new developments which is put towards infrastructure. This is a tax and normally not avoidable.
Whichever method is applicable to your scheme, expert and experienced knowledge is crucial to minimising your liabilities while optimising the potential of your site.
To find out more, please Contact us for an initial, no obligation discussion.