The government publishes a consultation (until 07/04/2021) relating to the New Homes Bonus …

The government has published the following consultation, which runs for 8 weeks from 10/02/2021 until 07/04/2021:

  • February 2021: The Future of the New Homes Bonus - consultation (pdf print version of HTML webpage) (link).

Notes:

  • The "Consultation procedure" section at the start of the above consultation document includes the following information:
    - "Topic of this consultation: This consultation seeks views on the future of the New Homes Bonus, from 2022/23 onwards. It covers a number of options for reforming the programme to provide an incentive which is more focused and targeted on ambitious housing delivery, complements the reforms outlined in the government’s Planning White Paper, and dovetails with the wider financial mechanisms the government is putting in place, including the infrastructure levy and the Single Housing Infrastructure Fund.".
    - "Scope of this consultation: This consultation sets out a variety of options for reforming the New Homes Bonus, beginning in 2022/23. The options on which views are sought are:
    >>> raising the baseline percentage
    >>> rewarding improvement on average past housing growth
    >>> rewarding improvement or high housing growth
    >>> support infrastructure investment in areas with low land values
    >>> introducing a premium for modern methods of construction (MMC)
    >>> introducing an MMC condition on receipt of funding
    >>> requiring an up-to-date local plan".