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
The use of the Section 106BA route to appeal Section 106 affordable housing obligations that render schemes un-viable is to end on April 30th. Demonstrating its usual clarity of thought, consistency and consideration for the development industry, the government has reversed its decision outlined in last year’s Autumn Statement and will
An excellent article by Louise Cooper in the Times today outlines concerning economic data in the US and how it may affect the UK economy, especially when combined with the decline of emerging market economies and the uncertainty caused by Brexit. As always the general economy is linked to the
You will fondly remember the Small Site Exemption scheme which was introduced in November 2014 and allowed sites of 10 units or less to come forward without the need to provide affordable housing. The overnight removal of the scheme in the West Berkshire appeal last July is still being felt
When considering a retail investment one of the most important aspects is the location of the property both in terms of the town or city, and the pitch within the retail centre. An interesting article in the Times today quotes British Retail Consortium figures which indicate the number of visitors to high
Intali have recently completed the investment sale of Gresham House, Crawley on behalf of overseas clients. The town centre office building operates as a Job Centre and was producing an income of £305,000 per annum with a lease expiry due in 2018. After a full nationwide marketing campaign, we agreed
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