New Housing LIN blog explains the current consultation on proposed Residential Property Development Tax

This new guest blog for the Housing LIN by Tetlow King Planning’s Managing Director, John Sneddon, explains the possible implications of the government’s proposed Residential Property Tax and what it could mean for the care and retirement living/extra care housing sectors.

His blog draws attention to the need to consider the proposals carefully; in particular, the potential operational challenges of running larger retirement/care village schemes where there are varying levels of care provided within the site.

He also states that consultation proposals have the potential to impact on the viability of development and planning proposals alongside the already existing challenges of providing communal facilities in what is an ongoing commercial operation as opposed to standard housing.