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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…

Beware Conditional Section 106 Agreements

We have recently completed a viability job in Devon. Our developer client was suffering the unintended consequences of a conditional Section 106 agreement. The developer purchased a brownfield site for the construction of 31 houses.  The scheme was to provide 8 affordable units as required by local policy. There was a full planning consent and a conditional Section 106…

Viability for listed buildings

Bring Back the Workhouses – With Viability

I know – it’s not much of a picture is it? It’s not much of a building either but we are proud to be associated with it. This is part of St Edmund’s Hospital in Northampton. It is an early example of the architect Sir George Gilbert Scott part of which is Grade II listed.  It was…

Intali Viability Helps Bring 64 Unit Northampton Scheme Forward

An Intali viability review has helped to bring forward a residential scheme in Northampton town centre. The scheme comprised the refurbishment and extension of an empty office building within the Derngate Conservation Area to provide 64 residential units with shared communal facilities including a gym, cafe and courtyard. Adopted policy within the area required that 35%…

35% Affordable Flat Rate For London?

The (relatively) new London Mayor, Sadiq Khan, is considering the introduction of a non-negotiable 35% affordable housing flat rate for all private sale schemes within London. The rationale behind this is to put an end to the “confusion” caused by viability assessments. The proposed policy forms part of draft affordable housing planning guidance which will…