Which there already is in the form of Community Infrastructure Levy, and which is not negotiable. In the east of the Borough it's £200 per square metre for new residential floorspace, so an averaged sized 2 double bed flat will incur an LBH CIL of around £15k, and a Mayoral CIL (which all goes to Crossrail and is charged at £35 per spare metre within LBH) of around £2600.So with 6/7 flats a developer has got to pay LBH CIL of around £100,000 and Mayoral CIL of £17000.However, whereas Mayoral CIL has been chargeable since april 2012, LBH CIL has only chargeable since July 2015, hence it will take time for the effects of local CIL to take hold.Not that I'm defending the Government and or saying that CIL is the solution to everything, but the whole point of CIL is to address infrastructure deficiencies.For me personally, tackling over-population and financially penalising large families would be a better solution, but that's never going to happen unfortunately.
Adam Beamish ● 2882d