Out-Law / Your Daily Need-To-Know

Leicester consults on CIL draft charging schedule

Out-Law News | 24 Feb 2015 | 4:44 pm |

Leicester City Council has opened a consultation on its community infrastructure levy (CIL) draft charging schedule (DCS), proposing to set rates of up to £25 per square metre for residential developments.

Under the DCS (52-page / 593 KB PDF), the Council has proposed to apply a nil rate to residential developments within the strategic regeneration area allocated for major development in its core strategy and a rate of £25 per sq m everywhere else within the city.

City-wide rates of £150 per sq m for supermarket and warehouse developments, £100 per sq m for student accommodation and £10 per sq m developments with for storage and distribution uses have been proposed.

A city-wide nil rate levy has been proposed for all other uses.

The consultation on the DCS is open until 10 March.

The Council said it expects to adopt its CIL charging schedule in October.