Hello @DMandMGM and welcome to Yonder.
We have spoken to @ChobhamManor and have a Q&A that should hopefully assist with your query.
I understand the charge will be levied by LLDC, but under what governance, i.e. who regulates LLDC and how is the charge set?
LLDC is a Mayoral Development Corporation set up by the Mayor of London and as such, is answerable to Londoners through the Mayor and the GLA. All residential and commercial units on the Park will be charged this Estate Charge to contribute to the upkeep of Queen Elizabeth Olympic Park.
Is this treated as a CIL (Community Infrastructure Levy)?
This is not a CIL payment. CIL has been paid for this development by the developers and the payment will be allocated by the Planning Decisions and Policy Team to support agreed projects which may be beyond the Park boundary. The Estate Charge will be used solely for Park upkeep and maintenance.
Will the charge be digressive as the more properties contribute?
The Estate Charge levied on Chobham Manor LLP by LLDC is index linked and is not affected by any other neighbourhoods on the Park.
Will it be index linked?
The Estate charge will be linked with RPI.
What benefits may accrue to residents (e.g. discounted access to park infrastructure)
Residents will not only live next to some of the best sporting facilities in the world including the London Aquatics Centre, Lee Valley VeloPark, Lee Valley Hockey and Tennis Centre and Copper Box Arena but they will also have access to some of the finest urban parkland in the country. In addition, a wide variety of events will be held on the Park throughout the year that residents can take part in.