Friday, 28 March 2014

Government Aims to Scrap S106 Levies for Self-Build Housing

The Government has announced it wants to scrap levies charged to people who want to build their own home in an effort to make self-build housing a more viable option. Scrapping such levies will knock thousands of pounds off the price of self-build housing, according to the CLG. It said that a number of councils have applied Section 106 charges, which have made these types of development unviable. The charges, which can also be applied to the building of extensions and annexes, require a levy for affordable housing. But CLG said this would be scrapped for self-builders, homeowners and developers wanting to bring redundant buildings back into use. It would also apply to builders “eager to make use of small sites to provide much needed housing”. Read more on the Housing Excellence website.

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