Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

CBRE poll questions housing bonus

  • Comment

CBRE has carried out research which shows uniform scepticism among the property industry, councillors and the public about the Government’s New Homes Bonus

The bonus scheme (see AJ 15.11.2010) is part of the Government’s localism policy and will be paid to councils that grant planning permission for homes and commercial premises. It is hoped it will encourage communities to actively plan their area and facilitate development.

However, property consultant CBRE polled 400 councillors about the scheme and found that only a third believe the bonus is big enough to overcome public opposition to new building. The bonus is calculated by matching the council tax raised on new building for six years.

CBRE also sought the views of 200 property industry figures. Only a quarter said they thought the bonus was high enough and 46% thought localism would increase ‘nimbyism’ - increasing the ‘not in my back yard’ thinking.

Members of the public who were polled also opposed the scheme, with almost four out of five stating their locality was either developed enough or already over-developed

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.

Related Jobs

AJ Jobs