Meeting of the Parliament 17 March 2026 [Draft]
As the minister knows from stage 2, I have concerns about whether people involved in the conversion of historic buildings will face specific unintended consequences as a result of the imposition of the building safety levy, mainly because projects of that nature are not usually speculative and they tend to be a more expensive way of producing new homes. However, importantly, the conversion of historic buildings into new homes delivers a wider public benefit, which the Parliament has supported in other ways regarding the historic buildings issue.
At stage 2, the minister agreed that the Parliament should seek ways to support such conversions, but he was concerned that a perverse incentive might be created in the system for people to seek listed building status for buildings in order to avoid paying the levy.