Jenrick launches plans to kickstart housing market

By Heather Jameson | 13 May 2020

Housing secretary Robert Jenrick has restarted the housing market as part of the Government’s plans to ease lockdown.

In a move that will help kickstart building, but will put further pressure on squeezed local authority budgets, small developers will be allowed to defer Community Infrastructure Levy (CIL) payments to councils to help their own cash flow.

But the Local Government has urged the governent to go further and lift the time restrictions on spending Right to Buy receipts. 

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Local economies Economic growth Housing Community Infrastucture Levy Coronavirus