Development viability SPD

MQT on 2015-09-16
Session date: 
September 16, 2015
Question By: 
Darren Johnson
City Hall Greens
Asked Of: 
The Mayor


Will you study the London Borough of Islington's new Supplementary Planning Document on development viability, which sets out a number of policies to address obfuscation and abuse of the system, as part of your work on options for the next London Plan?


Answer for Development viability SPD

Answer for Development viability SPD

Answered By: 
The Mayor

I support Islington Council's aim to provide consistency and clarity to viability negotiations. However, I have concerns over the SPD as currently drafted it places onerous requirements on developers.  I have highlighted these concerns to Islington and my officers are meeting with them to discuss both their proposed SPD and the viability guidance in my draft Interim Housing SPG.