Developers critical of new ‘tax on house building’published at 14:41 Greenwich Mean Time 12 December 2017
Sharon Edwards
Political Reporter, BBC Radio Lincolnshire
Some house builders in Lincolnshire have spoken out against a new levy that's coming in to force in the new year.
Developers in Gainsborough, Lincoln and Sleaford will have to pay more towards local facilities as part of a scheme being introduced by three councils which have drawn up the Central Lincolnshire Development Plan.
The so-called Community Infrastructure Levy - or CIL - will go towards raising £0.5bn over the next 25 years.
But developers say they already pay towards local facilities and more charging will put them off developing certain sites, particularly those on a smaller scale.
Quote MessageIt is basically a tax on land - if you're a developer going in you'll calculate your costs which are pretty fixed so this will affect the price of land
Steve Gelder, Gelder Group, Lincoln