The National Planning Policy Framework requires that: the cost of meeting affordable housing obligations together with other planning contributions should not prevent landowners and developers from making competitive returns, taking into account the normal cost of development with an emphasis on deliverability.
In this context the assessment of development viability, during both the plan making process and in the determination of planning applications, is essential to ensure the delivery of new housing.
Within the unpredictable planning environment Pioneer can assist land owners, house builders and developers by introducing a stable platform from which affordable housing provision can be negotiated with local authorities:
- At the plan making stage to ensure viability issues are taken into account.
- On new and stalled developments to make sure that the level of provision is appropriate to the site circumstances.
Our professional consultants are experts in determining the deliverable percentage, mix, and tenure of affordable housing by undertaking comprehensive viability appraisals using:
- The GLA (Three Dragons) Toolkit
- The HCA Development Appraisal Tool
- Bespoke and scheme specific viability appraisals
Pioneer will integrate with project teams providing professional advice to progress the development proposals through the planning system, leading viability negotiations with the local authority, advising on planning obligations and defending our approach at appeal when required.
Please see our 'APPRAISE' brochure or contact us for additional detail on the economic viability assessment services we offer and to discuss any projects that we can assist you with.