Forum Message

Topic: Re:Re:JR Hearing
Posted by: Adam Beamish
Date/Time: 29/07/15 15:57:00

Fair point Adrian but relatively normal - the material within viability statements is usually commercially sensitive, and as such is confidential.  What usually happens is that a Council requires the applicant to pay the costs for the Council's preferred independent financial assessor to review the appraisal to establish whether the figures are accurate or in some way 'fudged' in favour of a reduced financial contribution (or none at all).

And aside from issues of commercial sensitivity, the vast majority of Joe Public isn't going to have a clue whether all the costs set out within the assessment are accurate/reasonable or not, nor what a developer's reasonable profit is.

And in the case of the Empire House scheme, whilst it's only one component of a larger development, the Council does have to take into account (known as the fallback position) the fact that the existing office building can be converted into flats without any affordable housing provided whatsoever, so it would be unreasonable (completely putting any viability arguments to one side) for the Council to require the scheme to delivery a fully policy compliant level of affordable housing. 


Entire Thread
TopicDate PostedPosted By
JR Hearing 29/07/15 11:01:00 Elizabeth Ross
   Re:JR Hearing 29/07/15 11:13:00 Julian Pavey
      Re:Re:JR Hearing 29/07/15 11:28:00 Claire Moran
         Re:Re:Re:JR Hearing 29/07/15 12:40:00 T P Howell
            Re:Re:Re:Re:JR Hearing 29/07/15 12:49:00 Claire Moran
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 13:03:00 Rima Jones
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 13:04:00 Carl Wynne
                  Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 13:14:00 Francis Rowe
                     Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 14:23:00 Adam Beamish
                        Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 14:44:00 Rima Jones
                        Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 14:44:00 Claire Moran
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 15:01:00 Rima Jones
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 15:12:00 Adam Beamish
   Re:JR Hearing 29/07/15 15:34:00 Adrian Irving
      Re:Re:JR Hearing 29/07/15 15:57:00 Adam Beamish
         Re:Re:Re:JR Hearing 29/07/15 16:37:00 Adrian Irving
            Re:Re:Re:Re:JR Hearing 29/07/15 16:38:00 Claire Moran
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 16:50:00 Adrian Irving
            Re:Re:Re:Re:JR Hearing 29/07/15 16:47:00 Adam Beamish
               Re:Re:Re:Re:Re:JR Hearing 29/07/15 16:57:00 Adrian Irving
                  Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 18:01:00 Claire Moran
                     Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 18:07:00 Carl Wynne
                        Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 18:13:00 Julian Pavey
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 19:01:00 Adam Beamish
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 19:06:00 Julian Pavey
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 19:39:00 Claire Moran
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:JR Hearing 29/07/15 22:56:00 Adam Beamish

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