Exeter City Council CIL Review

date Released On 2nd Jun 2023

Three Dragons has been working with Exeter City Council to make recommendations to inform a CIL review for the city.  Exeter adopted a CIL in December 2013 and whilst the levy has been an effective tool in securing funds for infrastructure since then, there have been some changes in the market that warrant further consideration. The changes that form the basis of the review are:

  • Flatted development is currently subject to the full CIL rate for residential development.  However, the viability of flats for sale in the city is weaker than house-led development in many cases and as a result there has been relatively little development of flatted schemes in recent years.  In addition, the city is now seeing interest from flatted build to rent developers and this new-to-the-city use was not considered as part of the original CIL setting process.
  • The market for purpose-built student accommodation has become substantially stronger in Exeter since the original CIL setting exercise, and the partial review re-considers the ability of this development to support the levy. 
  • Co-living is a new development type for Exeter and was also not considered as part of the original CIL setting process.

New viability evidence has been prepared by Three Dragons and the CIL examination in public is being held in July 2023.

Tags: Development Viability

We use cookies to give you the best possible experience. To accept cookies continue browsing, or view our privacy statement to find out more.