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INSIGHT

Discover more intelligent advice and news on commercial property, as well as the latest case studies and reports.

London Sets the Viability Agenda

Viability is a mess. A hotch-potch of policy, guidance, case law and interpretation. Benchmarks, inputs, outputs and appraisal. Report, submission, review and appeal. Argument, counter-argument and compromise. The purpose is to tax the uplift in value of land when planning permission is granted. A simple tax would do that but it’s been tried a few…

Barter

When Viability Appraisals Are Simply Not Enough – Barter!

Sometimes, the agreement of planning contributions through viability is not technical. Although we are happy to engage in deep discussion on development inputs, planning policy, national policy and interpretation of case law, sometimes agreement comes down to good old-fashioned barter. A good example of this is a recent viability study we undertook on behalf of…

Early Morning Commute Leads to Another Intali Acquisition

Every waking hour we at Intali are thinking about property. Just to prove the point, our Charles Howard was on his way to the office early one February morning. He happened to see a “For Sale” board being erected on a site for residential development in the Leicestershire village of Croft. Although only just awake,…

Million Homes Target Unviable?

A recent article in the Times reported that more than half of English housebuilders believe the government’s target to provide 1 million homes by 2020 is not achievable. Reasons cited include a shortage of skills, shortage of land, delays in the planning process and 29% of respondents said that the inability of the scheme to…

New Offices Completed for TGW

A spectacular new office building has recently been completed at Peaker Park in Market Harborough and was handed over to the new occupiers, TGW, late last month. The 10,000 sq.ft offices were designed to the tenant’s specification by Corporate Architecture (who also have offices on Peaker Park) and have been let under a new 15…

Viability – Re-Starting Stalled Schemes

We have recently completed viability negotiations on a small site in Barwell, Leicestershire to allow a stalled scheme to proceed. Acting on behalf of local developers, we were initially instructed to prepare a viability appraisial to demonstrate that the conversion of an exisiting building was not viable and that the only alternative to bring the…