'the provision of affordable housing is becoming increasingly important'

affordable housing

the impact of s106 contributions and the provision of affordable housing on residential development schemes is becoming increasingly important to the profitability of any development.

most local authorities have set targets for a substantial proportion of all new residential developments to be affordable, with a clear preference towards social rented accommodation to meet local need. 

as affordable housing generates substantially less revenue than a similar private house, profitability is inevitably affected, and it is essential to ensure that the proportion and tenure mix of affordable does not lead to the consented scheme becoming unviable.

using the development appraisal model, and utilising our excellent contacts with planning consultants and housing associations, we will assist in negotiations with the local authority to ensure that viability is maintained to allow the development to take place.