Well here you are.... The Community Infrastructure Levy....
announced by South Norfolk District Council through the Eastern Daily Press today.
£100,000,000 in the next 20 years or £5,000,000 a year, straight into the coffers of your District Council.
Where will it come from? The developers will be charged at a rate per square metre on all new houses. A new house tax if you like. So the cost of new houses will rise and it will probably increase the price of all other houses as well.
How will they spend it? It seems it is entirely up to them. It need not be associated with individual developments. The Council proclaimed...Start drawing up your infrastructure shopping lists..... but what they mean is that it will be used for their pet ideas.
We have houses which already cost too much and the Government's answer is to increase it some more.