Episode 2 - Implementing permissions in a Coronavirus market The Planning Life Insights of Bryan
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- Business
In this episode the BCLP Planning team is joined by Alex Vaughan Jones, Partner at Gerald Eve and viability specialist, to explore options for developers looking to implement planning permissions in a volatile Covid-19 market, and what can be done about deferring or reducing financial liabilities under planning obligations (s106) and the community infrastructure levy (CIL) to prevent schemes stalling. Planning gain has always required a balance between funding related social infrastructure and preserving the viability of new schemes and we discuss where the balance now falls in the world of pandemic economics. In particular we discuss automatic extensions to planning permissions and revisiting viability during and after a planning application and CIL.
In this episode the BCLP Planning team is joined by Alex Vaughan Jones, Partner at Gerald Eve and viability specialist, to explore options for developers looking to implement planning permissions in a volatile Covid-19 market, and what can be done about deferring or reducing financial liabilities under planning obligations (s106) and the community infrastructure levy (CIL) to prevent schemes stalling. Planning gain has always required a balance between funding related social infrastructure and preserving the viability of new schemes and we discuss where the balance now falls in the world of pandemic economics. In particular we discuss automatic extensions to planning permissions and revisiting viability during and after a planning application and CIL.
48 min