Planning and Development in Real Estate
- Select a blog category
Sadiq Khan has published the final version of his affordable housing and viability supplementary planning guidance (SPG). This was consulted on earlier in the year. The final document has remained very similar to the draft but with a number of subtle differences. It sets out the Mayor’s approach to strategic applications that are referred to him, noting that Local Planning Authorities (LPAs) are encouraged to follow the same approach for all schemes providing 10 or more homes.
“From the outset, the team developed a fresh and innovative approach which sought to avoid a ‘one size fits all approach’. We wanted to create a Residential Quality Guidance which is engaging to all, grounded in the distinctive sense of the place that is Manchester, and which addresses quality at all stages of a development’s lifecycle. This was made successful through collaborative working, a forward thinking client and a high calibre steering group. The guidance is flexible and adapts to align with ongoing strategic objectives around the delivery of high quality homes, streets and neighbourhoods needed to support Manchester’s future sustainable growth.”
- John Copper, Partner, Deloitte Real Estate
The London Mayor has published a new CIL Preliminary Draft Charging Schedule for consultation. The consultation period ends on the 7 August.
A refreshed and streamlined toolkit for practitioners working with heritage assets
On the 16 May 2017, the Deloitte Real Estate Planning team hosted the launch of the newly revised Heritage Works. Heritage Works is a document which we have researched and written on behalf of Historic England, the Royal Institution of Chartered Surveyors (RICS) and the British Property Federation (BPF).
Yet again transport investment and real estate value forms a key discussion topic at this year’s MIPIM with representation from all of the major transport investment projects. The projects aren’t new, so what has changed since last year?
I have been reflecting on whether the Government’s latest housing proposals will achieve Sajid Javid’s ambitions for “radical, lasting reform” and create a “new, positive, mindset to house building”.
A new EIA Directive 2014/52/EU will be transposed into UK legislation by May 2017. Included within the Directive will be the requirement that ‘proportionate’ and high quality EIAs are undertaken across the EU. We consider how this change may affect EIA professionals in England in the context of what is a “competent expert”1.
The Housing White Paper ‘Fixing our broken housing market’, published on 7 February 2017, identifies that compulsory purchase law gives local authorities extensive powers to assemble land for development and that recent and proposed legislation (the Housing & Planning Act 2016 and Neighbourly Planning Bill) is reforming CPO process to make it clearer, fairer and faster. As a result, planning authorities are encouraged to use these powers, particularly in areas of high housing need.
The White Paper provides the clearest support yet for Build-to-Rent (BTR) development. A consultation paper on Planning and Affordable Housing for Build to Rent has been published alongside the White Paper.
At first glance, real estate is hardly a tech-fuelled industry: building design evolves at a glacial pace, construction relies on traditional methods, and the transaction process has barely changed for centuries. However, take another look: in a few short years, a mix of individuals, start-ups and established businesses have harnessed new technologies to address inefficiencies and generate new ideas.