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

How the restored ability to pool developer contributions could boost regeneration

How the restored ability to pool developer contributions could boost regeneration

Removing a ban on combining five or more section 106 planning gain payments to pay for infrastructure will allow councils to speed up delivery on large strategic sites, experts predict.

CIL Watch: Report highlights over £443 million of unspent CIL cash

CIL Watch: Report highlights over £443 million of unspent CIL cash

Over £443 million of Community Infrastructure Levy (CIL) receipts have remained unspent by local authorities over the past three and a half years, according to a report.

Ministers promise new guidance to help councils adopt infrastructure levy

Ministers promise new guidance to help councils adopt infrastructure levy

BUDGET 2018: The government has said it will publish new guidance to help local authorities 'adopt and revise' Community Infrastructure Levy (CIL) charging schedules, as well as consider further legal changes to 'improve the operation of the levy'.

Government confirms developer contribution changes to capture land value uplift

Government confirms developer contribution changes to capture land value uplift

BUDGET 2018 The government is to change the planning gain system in a bid to give developers and councils more certainty while enabling localities to capture a greater share of increased land values for spending on infrastructure and affordable housing.

New RICS requirements aim to make viability assessments more transparent

New RICS requirements aim to make viability assessments more transparent

New proposed requirements that aim to make viability assessment reports more transparent and ban performance-related fees have been published by the Royal Institution of Chartered Surveyors (RICS).

Economic Appraisal and Viability Comment

Legal Viewpoint: Report sets new directions on infrastructure for growth

This month's Commons housing, communities and local government select committee land value capture inquiry report highlights ways the planning system can anticipate and recover the costs of infrastructure needed to deliver growth.

Legal Viewpoint: Decision highlights need for clear evidence on viability

Last month's High Court ruling on the Parkhurst Road development in north London has attracted wide attention.The headline planning point is that overpaying for a site, even to a government department, will not allow developers to reduce their affordable housing offer. The judgment, however, is worth reading for more than that.

Legal Viewpoint: Pooled fund held unlawful

It may be that a recent Supreme Court judgment on a dispute from north-east Scotland proves the most important case of 2017.

Ministers must tackle the corrosive impact of viability appraisal concerns, by Jamie Carpenter

Away from the main conference hall and the Prime Minister's mishap-strewn speech, one of the most compelling scenes to witness at last month's Conservative Party conference was the hard time given to the communities secretary by his own councillors over the use of viability assessments in the planning system.

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Economic Appraisal and Viability In Depth

Briefing: What new viability assessment guidance will mean for practitioners

Briefing: What new viability assessment guidance will mean for practitioners

Robust analysis of costs and policy requirements will be required to comply with the guidance, says Clare Plant.

Policy Summary: The government's position on developer contribution changes

Policy Summary: The government's position on developer contribution changes

POLICY: Government response to supporting housing delivery through developer contributions.

CIL Watch: Highest CIL charge outside London passed

CIL Watch: Highest CIL charge outside London passed

A community infrastructure levy (CIL) charging schedule with the highest rate outside London has passed examination.

How Cambridgeshire's land value capture mechanism will work

How Cambridgeshire's land value capture mechanism will work

A new land value capture mechanism has been announced by a combined authority, but experts say its implementation faces challenges.


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