'a reasonable level of return is maintained to protect the value of the site'

s106 contributions

obligations attached to planning consents in the form of section 106 agreements can affect a development scheme by

• restricting the development or use of land
• requiring specific operations or activities to be carried out in relation to the land
• requiring the payment of a sum or sums of money for specific items
• requiring the subject land to be used in a certain way

cash contributions are generally put towards specific projects such as traffic calming, children’s play areas, public open space, public art, tree planting, and affordable housing.

all of these obligations are provided at the expense of the developer, and inevitably there is an impact on profitability/viability.

using the development appraisal model, and utilising our excellent contacts with planning consultants, we will assist in negotiations with the local authority to ensure that the viability of any project is protected and that obligations under section 106 agreements are realistic within the scope of the development proposed.