STRATEGIC LAND PORTOFLIO

Aylesbury, Bucks

Submission of viability analyses on behalf of consortium in respect of this c3,000 dwelling scheme with associated commercial uses and infrastructure, with a view to renegotiating affordable provision about halfway through the project. This has resulted in agreement to a significant reduction in affordable content to be applied to the remainder of the scheme.

Girls’ School, SW London

Instructed by promoter and the school’s board of governors to prepare a viability case in respect of this c100 dwelling project demonstrating the basis upon which it can act as an enabling development to help fund major improvement works to the school. The outputs, including report and relevant viability appraisals/sensitivities, which first formed the subject of negotiation/pre-application discussion with the council and it’s appointed representative, have now become part of the planning application.

Durham City and Vicinity – Various Sites

Advising consortium promoter on viability, development strategy and promotion agreement terms covering a range of residential/mixed-use opportunities.  This has gone on to include viability assessments submitted in connection with planning applications (resulting in reduced affordable content) and also Core Strategy EIP submissions, as well as advising on various mechanisms for delivery.

Hailsham, West Sussex

Consultancy and viability advice regarding the deliverability of a 75-unit residential development scheme in preparation for a carrying out a re-negotiation of s106. Led discussions with Wealden District Council resulting in a negotiated solution that provides a series of savings, delay of payment triggers etc.

Biggleswade, Bedfordshire

Instructed by consortium to submit viability analyses is respect of this c1,500 dwelling scheme with associated uses, with a view to reducing affordable content. Agreed reduction to 10% from target policy level of 25%. Also instructed to advise on securing various further 3rd party land ownerships, including via CPO, that form later phases and bring the total scheme to over 2,000 dwellings. 

House Builder Portfolio

Preparation of viability appraisals on a portfolio of projects, ranging from c30 to over 200 units, for quoted housebuilder with a view to demonstrating a) likely deliverability of current proposals and b) revisions necessary to each proposal, including both s106/affordable housing reductions and scheme design/mix changes, to aid delivery. Securing necessary s106 amendments by negotiation, new planning applications and/or appeals as appropriate. Achieved reduction in s106 and/or affordable content in c80% of cases pursued. Led to various further and continuing viability instructions from this client on a case-by-case basis, including pre-acquisition advice on the likelihood of there being a viability case for reduced affordable housing or s106 obligations. 

Ashford, Kent

Providing high-level viability and JV advice to private & public sector working group in connection with a complex edge of town development with large water and other leisure/sport content.

Major Housebuilder’s Loan Book

Advice, commercial and business analysis for venture capital funder on target company with a view to acquisition of debt. This involved an analysis of past performance and future potential/risk.

East Dorset District Council

Instructed by council to provide viability advice, in parallel with masterplanning advice by Broadway Malyan, in respect of seven potential urban extensions in East Dorset communities in preparation for Core Strategy Review. Also advised Christchurch BC on a similar basis.