Out-Law News | 13 Jun 2014 | 5:13 pm | 1 min. read
Although the descriptions of the types of development have been altered, the proposed rates in the revised DCS (2-page / 171 KB PDF) are unchanged from those in the preliminary DCS (3-page / 71 KB PDF), which was examined under regulations that have since been superseded.
The revised DCS proposes to divide the Borough into three charging zones. Zone A will cover central Camden, Zone B will cover the rest of Camden and Zone C will cover Highgate and Hampstead.
The revised DCS proposes that residential developments with fewer than 10 dwellings or less than 1000 square metres of floorspace will be charged at £500 per sq m in all three zones. Proposed residential rates for developments with 10 or more dwellings or more than 1000 sq m of floor space, and for private care homes are £150 per sq m in Zone A, £250 per sq m in Zone B and £500 per sq m in Zone C.
Under proposals for Zone A, office space will be charged £45 per sq m, student housing at £175 per sq m and hotels at £40 per sq m. In Zones B and C, it is proposed that office space will be charge at £25 per sq m, student housing at £400 per sq m and hotels at £30 per sq m.
Retail and other commercial uses would be charged at £25 per sq m across all three zones under the proposals and a zero charge would be set for all other uses.
In addition to CIL charged by the Council, any developments in the Borough will also be subject to Mayoral CIL if they result in an increase in net floorspace of over 100 sq m or if they involve the creation of one or more residential units. The Mayoral CIL charge in Camden is £50 per sq m on all uses except affordable housing, education and healthcare.
The consultation is open until 23 July.