New Urban Regeneration and Housing Act 2015

(01 Dec 2015)

The Urban Regeneration and Housing Act 2015 (the "Act") aims to incentivise urban regeneration with a view to facilitating increased activity in the housing construction sector. The Act heralds another step of the Government’s 2020 Construction Initiative to renew and develop the construction sector and will have a significant impact on both developers and land owners.  

There are two main strands to the legislation:

The introduction of the vacant site levy;
Revisions to planning development contribution requirements and to social housing provision. 

For a link to the new Act Click Here

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