Economic Appraisal and Viability

News, analysis and discussion of economic appraisal and viability of development proposals.

Page Title RSS feed

Economic Appraisal and Viability News

Mayor 'furious' over change to Battersea affordable homes deal

Mayor 'furious' over change to Battersea affordable homes deal

London mayor Sadiq Khan has blasted Wandsworth Council after members voted through a change to the section 106 deal for the huge Battersea Power Station project that has deleted 250 promised affordable homes from earlier phases of the project and made them subject to an end-of-scheme viability review.

CIL Watch: Surrey authority proposes lower CIL rate for schemes in 'buffer zone'

CIL Watch: Surrey authority proposes lower CIL rate for schemes in 'buffer zone'

Residential developments near to a Special Protection Area (SPA) would be required to pay a Community Infrastructure Levy (CIL) charge of more than £400 per square metre on top of an existing tariff intended to mitigate the effects of development on the designated landscape under proposals unveiled this week by a Surrey council.

CIL Watch: Zero rates set for 'extra care' housing

CIL Watch: Zero rates set for 'extra care' housing

Two examiners have recommended that charging authorities exempt "extra care" developments in their areas from Community Infrastructure Levy (CIL) charges.

NPPF viability test hindering councils' affordable homes provision, says TCPA report

NPPF viability test hindering councils' affordable homes provision, says TCPA report

Almost two-thirds of councils say the National Planning Policy Framework's (NPPF's) viability test has thwarted their ability to secure adequate affordable housing for their area, according to a new survey.

2 comments
Herts authority plans nil rate of CIL for green belt strategic site

Herts authority plans nil rate of CIL for green belt strategic site

A proposed 1,650-home strategic site in the Hertfordshire green belt would be exempted from Community Infrastructure Levy (CIL) charges under proposals published for consultation by a local council earlier this week.

Economic Appraisal and Viability Comment

Khan's affordability deal looks like a tall order, by Joey Gardiner

The recent publication of the pipeline of tall buildings in London, pulled together by consultant GL Hearn, showed a record 455 schemes over 20 storeys at stages between application and completion.

Clarification from PINS will not end uncertainty on small sites policy, by Jamie Carpenter

More than two years after former planning minister Brandon Lewis issued a controversial written ministerial statement (WMS) exempting small sites from affordable housing obligations, could a letter from the Planning Inspectorate (PINS) finally clear up how much weight should be attached to the policy?

Ministers' political priorities for CIL have blunted its effectiveness, by Jamie Carpenter

In a book published a couple of years ago, the former Labour home secretary Charles Clarke explored the concept of the 'too difficult box'. The book's chapters examine seemingly intractable issues such as social care funding, pensions and media regulation, which politicians are unable to crack.

Viability tests should use existing use values, by Richard Garlick

A study published this week accuses the National Planning Policy Framework of contributing to a diversion of funds from affordable housing to landowners' pockets.

3 comments
Follow Us:
Planning Jobs

Economic Appraisal and Viability In Depth

CIL Watch: Flow of CIL plans slows to a trickle

CIL Watch: Flow of CIL plans slows to a trickle

Fewer than a dozen authorities have published preliminary Community Infrastructure Levy (CIL) plans for consultation in the last 12 months, according to figures compiled for Planning's CIL Watch bulletin which suggest there has been a marked slowdown in CIL preparation work.

How an inflation-proofing mechanism is raising infrastructure levy charges

How an inflation-proofing mechanism is raising infrastructure levy charges

Rules intended to ensure that Community Infrastructure Levy (CIL) charges respond to market conditions mean that rates have risen by nearly a third in some of the first areas to adopt the levy, an analysis by Planning has found.

Why a clarification on small sites policy could embolden town halls

Why a clarification on small sites policy could embolden town halls

More local planning authorities are likely to seek to levy affordable housing contributions on small sites following an attempt by the Planning Inspectorate (PINS) to clarify the issue, according to experts.

Why a pan-London infrastructure levy is smashing its targets

Why a pan-London infrastructure levy is smashing its targets

Supporters of proposals to replace the Community Infrastructure Levy with a low-level charge say that new figures demonstrating the success of a pan-London levy set up to raise funds for the Crossrail project serve to bolster rather than undermine their case.


Development plans

Policy Tracker