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INSIGHT

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

NPPF with Added Viability

It’s here – the new all singing and dancing NPPF 2018 – now with added viability! Much cleverer people than us will provide comment on the planning issues this raises, but as our speciality is viability (400+ submissions and counting), we thought we had better have a look to see how this will affect our…

Viability – Prepare for Delays

As the best viability consultants on Wellington Street (a very short street in Leicester) we are often asked “where next for viability?” Well now the politicians are getting their yellowed, vote-seeking teeth into it, who knows.  Politicians will do anything to get their name in the press. Even if it means making themselves look less…

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…