Land Development Oppertunities and Solutions.
We are all aware of the burden on developers from section 106 contributions and higher rates of affordable housing requirements which has grown considerably in recent years. With the downturn in the market it has never been a more critical time to understand these requirements and negotiate the best deal. Not surprising Lake Associates are being increasingly asked for our advice and assistance in mitigating the effects of these requirements.
For example Development Viability Assessments
Development scheme viability is a material planning consideration and must be taken into account by a local planning authority when considering S.106 planning obligations including the amount of affordable housing required on a scheme.
Most Local Authorities will only accept a specific format of financial viability assessment. Preparation of such an appraisal with supporting arguments and information can have a significant impact on the amount of planning obligations and therefore the profitability of your scheme. In the current market there has never been a better time to push for reduced planning obligations through a detailed financial viability assessment.
With this in mind we have teamed up with London based Social Housing Consultants Kaisan, to provide an all embracing service to help facilitate the best financial outcome for your development. Kaisan Consultants Specialists Across The UK.
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