Hackney adds a £50k Social Housing contribution from developers!

In discussion with a planner, I was notified that the latest local plan had been recently approved. The plan includes a charge of £50k for every new dwelling approved by the London Borough of Hackney.

This is in addition to the Community Infrastructure Levy and a section 106 agreement.

The Consultation period was early 2016 to early 2017. I was not in the country. I submitted an application to convert a non-residential building to residential use before the plan was adopted, but it has been delayed being validated by the council.

I am surprised that such a substantial charge can be applied with so little notice and the planner insists that the charge will apply to all approvals made after the plan was adopted.

So just the CIL and the social housing levy add around 80k to my project.

Stephen