Developer Contributions SPD

Support

Representation ID: 71766

Received: 21/02/2020

Respondent: Pegasus Group

Northern Trust welcome the production of the SPD and offer their support for it.

Support

Representation ID: 71767

Received: 21/02/2020

Respondent: Pegasus Group

Viability – support the recognition that some developments may be unable to meet all of the relevant policy and planning obligation requirements whilst remaining viable and deliverable. Supports the identification of a return of between 17.5% and 22.5% as being a reasonable developer return.

Support

Representation ID: 71768

Received: 21/02/2020

Respondent: Pegasus Group

Northern Trust support the recognition that some development proposals may be unable to meet all of the relevant requirements whilst remaining viable and deliverable. Northern Trust support the requirement to submit a viability assessment where this is the case. Text should be added to indicate what particular contributions would be prioritised.

Object

Representation ID: 71769

Received: 21/02/2020

Respondent: Pegasus Group

It is important that flexibility is provided to ensure that sustainable development opportunities are delivered. Including phased payments/ infrastructure delivery so as to ensure sites come forward to fruition.

Object

Representation ID: 71770

Received: 21/02/2020

Respondent: Pegasus Group

It is important that flexibility is provided to ensure that sustainable development opportunities are delivered. Including phased payments/ infrastructure delivery so as to ensure sites come forward to fruition.

Object

Representation ID: 71771

Received: 21/02/2020

Respondent: Pegasus Group

Instead of all affordable housing to be retained in perpetuity these paragraphs should be amended to only require certain affordable products to be retained in perpetuity, namely affordable housing to rent and discounted market sales housing.

Object

Representation ID: 71772

Received: 21/02/2020

Respondent: Pegasus Group

The requirement for affordable housing to be transferred to a’ Registered Provider, the Council or equivalent’ is not appropriate given that not all affordable housing products need to be managed by such bodies. As such, amendments should be made to make reference to the need to only transfer certain types of affordable housing to the Council, Registered Provider or other bodies.