ARCHITECTURE FOR PEOPLE
New Cost to Planning: Mayor’s Community Infrastructure Levy (CIL)
It is proposed to charge the Levy on most developments in London with a net increase in floor area of 100sqm or any creation of any new residential even if below 100sqm.
At the following rates:
Zone 1 boroughs – £50 per square metre
Camden, City of London, City of Westminster, Hammersmith and Fulham, Islington, Kensington and Chelsea, Richmond-upon-Thames, Wandsworth
Zone 2 boroughs – £35 per square metre
Barnet, Brent, Bromley, Ealing, Greenwich, Hackney, Haringey, Harrow, Hillingdon, Hounslow, Kingston upon Thames, Lambeth, Lewisham, Merton, Redbridge, Southwark, Tower Hamlets
Zone 3 boroughs – £20 per square metre
Barking and Dagenham, Bexley, Croydon, Enfield, Havering, Newham, Sutton, Waltham Forest
The levy is intended to raise £300 million towards the delivery of Crossrail, which is essential to the capital’s growing economy and to ensuring it remains a competitive global business centre in the 21st century. It forms part of the funding package for the project agreed between the Mayor and ministers.