Back in March we reported that the Court of Appeal has reserved judgement on the Government’s appeal to re-instate the Small Site Exemption and Vacant Building Credit schemes when assessing affordable housing.
Today that judgement was handed down in a 13,000 word document. We haven’t read it all yet but when we do we will let you know if there is anything that affects you, but to summarise – they are both back in play.
Small Site Exemption
On schemes of 10 units or less AND which propose to provide less than 1,000m2 of floorspace there is now no requirement to provide affordable housing.
Vacant Building Credit
The amount of affordable housing to be provided is based on the net increase floorspace that the development will provide. Therefore on a factory unit of 1,000m2 being demolished to make way for a residential development of 999m2 there would be no net increase and so no affordable required.