The new policy says that the price of the homes would be reduced by 20%. This would be paid for by removing "planning obligations" such as the requirements to:
- Provide affordable homes
- Contribute to expansion of schools
- Contribute to road improvements
- Pay the Community Infrastructure Levy
- Brownfield land is more expensive to develop, The land may need to be de-contaminated and there may be hidden problems under the ground.
- The cost of planning obligations is reflected in the price of land, not in the price of new homes. Developers pay less for the land because they know that they are going to have to pay for the planning obligations. The Conservative policy means that developers may not have to pay for the planning obligations for developing land that they bought at that reduced cost.
- It would reduce the number of affordable homes built for rent or shared ownership.
Alan Macro
Councillor for Theale
West Berkshire Council
www.theale.org.uk
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