How much money should the state take from your development?

 

Complete this online survey to ensure that landowners are heard and represented. 

Deadline: 12 pm, 30 September 2019

Land Value Capture - the idea that the state should profit from the rise in land value when planning permission is granted - has gained traction.

Important thinktanks and politicians from across the political spectrum have argued that the state should take a larger percentage of the profit made by landowners from land sold for development, to aid in providing affordable housing.

The state, at a local and national level, already takes much of the profit made from the rise in land value, through the Community Infrastructure Levy (CIL) and the use of Section 106 agreements for planning obligations. Those who believe that the state ought to take more from landowners have argued that these schemes only capture 25% of the profit (Centre for Progressive Capitalism), but others have suggested the figure is closer to 50% (Barratt Homes).

The CLA needs your help to make an effective case against the increasing amount taken by the state from landowners.

We are looking for responses from those who agreed the terms of their development with the local authority after 1 December 2011, including from those whose developments have not yet been completed.

The information that you provide is undoubtedly personal and commercially sensitive, however, all data will remain anonymous and separate from the personal information you provide, unless you agree that we can contact you further.

Before you begin the survey, we recommend ensuring that you have to hand the financial information about your development. You will be asked for details on topics including your Section 106 agreement, the Community Infrastructure Levy, taxation, and yours and the developers’ profit. We estimate that the survey will take you around 20 minutes once you have the information to hand.

If you do not have access to the information, please leave the question blank. If you are unsure at any point of the exact figure but know a rough estimate, please enter the estimate. Alternatively, pass on the entire survey to your agent to complete on your behalf.

If you wish to make any additional comments on any of the questions in the survey or to comment more generally about your experience of the development process, please use the comments box that is provided at the end of the survey.

If you have any questions whilst completing the survey, please do not hesitate to call us on 020 7460 7954 or email katie.ramsey@cla.org.uk