Viability Assessments

MQT on 2017-06-22
Session date: 
June 22, 2017
Question By: 
Nicky Gavron
Labour Group
Asked Of: 
The Mayor


Do you believe that local authority planners should be better trained on how to analyse viability assessments?


Answer for Viability Assessments

Answer for Viability Assessments

Answered By: 
The Mayor

My draft Affordable Housing and Viability SPG provides guidance to boroughs on how to analyse viability assessments. My team is providing support to boroughs through the London Borough Viability Group, seminars and other training events.

I am also supporting boroughs on key issues such as land value, as with the recent appeal at Parkhurst Road, Islington. The Inspector agreed with the Council's case that affordable housing requirements must be fully accounted for when developers buy land. This is in line with my guidance which is helping to increase affordable housing in new developments.