Development viability SPD

Meeting: 
MQT on 2015-09-16
Session date: 
September 16, 2015
Reference: 
2015/2673
Question By: 
Darren Johnson
Organisation: 
City Hall Greens
Asked Of: 
The Mayor

Question

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

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.