By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Crackdown on developers that try to avoid building affordable housing
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Crackdown on developers that try to avoid building affordable housing
real estate in Nigeria
News

Crackdown on developers that try to avoid building affordable housing

Fesadeb
Last updated: 2020/12/13 at 2:19 PM
Fesadeb Published December 13, 2020
Share
SHARE

PLANNING chiefs in West Berkshire say they are getting tough on developers who try and avoid building affordable houses.

When developers are granted planning permission for a major development, a condition is imposed which requires them to build a certain number of homes that can be rented out at a discounted price by a council or a housing association.

But the charity Shelter says the number of affordable homes they are required to build is often cut by councils because developers use a viability assessment to show that building them could reduce their profits to below 20 per cent.

And some developers building in West Berkshire have attempted to argue that they don’t need to provide affordable homes because they are building care housing for elderly and other vulnerable people.

But the leaders of West Berkshire Council say they are cracking down on developers who try and wriggle out of their commitments, as there is an urgent need for these properties.

Cllr Hilary Cole, executive member for planning, said: “There are very few sites where we don’t get that affordable housing delivered.

“If a developer comes forward and starts talking to us about viability then we hit back very hard and are very insistent that they meet their commitments to deliver affordable housing.”

The council has also published a draft Local Plan for 2020 to 2037, which sets out how many affordable homes have to be built during a major development.

It closes the care housing loophole but says developers can apply for their affordable housing requirement to be reduced if there are “exceptional circumstances” and it is “fully justified by the applicant through clear evidence set out in a viability assessment”.

It also states developers building between five and nine homes must ensure 20 per cent of them are affordable.

If a developer wants to build more than nine, they will have to make 30 per cent affordable if the site has been previously developed on or ensure 40 per cent are affordable if it’s a greenfield site.

source: readingchronicle.co.uk

You Might Also Like

Markets Closed in Ijebu-Ode to Honour Late Awujale of Ijebuland

Shettima Arrives London to Escort Buhari’s Remains to Nigeria

Indian PM Modi Mourns Buhari, Recalls Close Ties with Nigeria

National Assembly Halts Plenary in Honour of Late Ex-President Buhari

Nigerian Airlines Reaping Early Benefits from New Aircraft Leasing Policy — NCAA

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb December 13, 2020 December 13, 2020
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?