Economic Appraisal and Viability

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

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Economic Appraisal and Viability News

Council to continue to press for garden village CIL charge

Council to continue to press for garden village CIL charge

A Warwickshire council has resolved to continue to recommend a £75 per square metre Community Infrastructure Levy (CIL) charge for residential development at a prospective garden village, despite a consultants' report recommending that the site should be zero-rated for CIL.

New transport pot will support delivery of housing schemes

New transport pot will support delivery of housing schemes

Transport projects that enable the delivery of 'vital new housing developments' are in line for cash from a new £1.1 billion fund to tackle congestion and deliver local road and public transport network improvements, the transport secretary has said.

Mayor proposes fast track for schemes with 35% affordable homes

Mayor proposes fast track for schemes with 35% affordable homes

Developers in London who provide 35 per cent or more affordable housing on their schemes without public subsidy would be freed from the requirement to provide detailed viability information, under proposals unveiled by the mayor today.

Autumn Statement: £2.3bn infrastructure fund to unlock 100,000 homes

Autumn Statement: £2.3bn infrastructure fund to unlock 100,000 homes

A £2.3 billion 'housing infrastructure fund' to deliver infrastructure to unlock up to 100,000 homes in areas of high demand is among a series of funding measures to boost housing delivery announced in chancellor Philip Hammond's Autumn Statement.

CIL Watch: First CIL authority eyes rise in top rate

The authority that was the first in England and Wales to introduce a Community Infrastructure Levy (CIL) is consulting on a revised charging schedule.

Economic Appraisal and Viability Comment

End of appeal route leaves little room for renegotiation, by Jamie Carpenter

Earlier this year, the government surprised many in the sector by announcing that a temporary appeal mechanism to allow developers to challenge affordable housing obligations was to be killed off.

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Khan's viability plan poses questions, not answers, by Joey Gardiner

London mayor Sadiq Khan is assembling a panel of viability experts to test affordable housing levels on applications that come before City Hall.

There is potential for a less contentious approach to calculating viability, by Richard Garlick

Distrust of the methods used to calculate how much affordable housing a development scheme can provide without going belly up is widespread.

Legal Viewpoint: Tax principles at odds with need for flexibility

The Community Infrastructure Levy (CIL) is a form of tax. This has consequences for the way in which the CIL regulations are interpreted, as a High Court judgment involving a retail unit in Swindon makes clear.

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Economic Appraisal and Viability In Depth

How an axed appeal mechanism is still cutting cheap homes

How an axed appeal mechanism is still cutting cheap homes

Appeals continue to be decided under a mechanism to allow developers to challenge affordable housing obligations more than six months after it was killed off, with a higher success rate than before ministers announced they were pulling the plug on the scheme.

How some town halls are ignoring small site affordable policy reversal

How some town halls are ignoring small site affordable policy reversal

A landmark Court of Appeal ruling that reinstated rules exempting small sites from affordable housing obligations is being ignored by a group of authorities who are choosing to stick to their guns on policies seeking contributions from all sites.

Why Barking deal on affordable homes is not what it seems

Why Barking deal on affordable homes is not what it seems

A deal struck by London mayor Sadiq Khan to hike affordable housing provision at Barking Riverside involves the loss of all social rented units from the scheme and the provision of tens of millions of pounds of public housing grant, it has emerged.

Why Starter Homes have been written into Hampshire obligation

Why Starter Homes have been written into Hampshire obligation

A housebuilder has negotiated a change to a planning obligation to introduce Starter Homes in place of traditional social rented units, ahead of the introduction of regulations on the discounted homes for first- time buyers.


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