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06/03/2019

Appeal: Retirement scheme’s affordable housing offer falls short by £1.2m

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Retirement / iStock: 682635080

In rejecting its plans for 33 ‘retirement living apartments’ in Chingford, an inspector has dismissed a developer’s contention that its offer of less than half the affordable housing contribution required by local policy was justified on viability grounds.

The appellant acknowledged that to comply with local policy it would need to contribute just over £2.25million towards off-site affordable housing. Instead, it proposed a sum of up to £986,569, citing viability considerations. The parties disagreed on the value of the care home already existing on the site.

The council proposed a low figure for this value, considering that the care home wa.....Sign Up or Login to read full article

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