SPF calls for Building Safety Levy exemptions for SMEs and BTR and affordable housing sectors
The Scottish Property Federation (SPF) has submitted its response to the Scottish Government's Building Safety Levy (BSL) September 2024 consultation, calling for exemptions for small and medium-sized enterprises (SME) developers, Build to Rent (BTR) sector and all affordable housing developments. The response argues that the blanket application of the BSL, intended to fund the Cladding Remediation Programme, risks undermining housing delivery due to its impact on development viability. The SPF notes that the housing sector already contributes to cladding remediation through taxes and voluntary means, alongside existing planning obligations. The SPF specifically highlights concerns about the disproportionate impact on BTR developments, due to their lack of upfront sales revenue. It also points out that the proposed exemption for affordable housing covers only publicly funded projects, potentially deterring private capital investment in the sector.