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Development Appriasals

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Development Appriasals
Development Appraisals Development Appraisals

Factors to Consider

Sensitivity analysis

Circle Developer definitions

Inspection of Development Site

Asbestos

Contamination

Parking ratios

Land registration act 2002

CDM regulations

UDP ( social housing / affordable housing)

Section 106 Planning Use

Use classes order

General permitted development order

Planning gain supplement

Rights of light

Rights of way

cost involved in development appraisal and residual valuation

PLANNING USE

2 sets of regulations control the planning use of a property:-

1. The town and country planning (use classes) order 1987 (as amended) – SI 1987/764

• Sui Generis – In a class of its own

• Change of use within the same sub category is not categorised as development

• Local planning authorities can restrict and remove consent so changes in class or sub class is not permitted.

• Act amended in 2005 amendment order changes included casing from D2 to sui generis

2. The Town and Country Planning (General Permitted Development) Order 1995 as amended (SI 1995/418)

• Permits certain type of small developments without the need for planning permission. 33 types of development covered by the GDPO

USE CLASSES ORDER [pic]

GENERAL PERMITTED DEVELOPMENT ORDER
[pic]
PLANNING GAIN SUPPLEMENT

• Drawn up as a result of Kate Barkers review of housing supply published in 2004 • Designed to capture a modest portion of the uplift in land value gained from planning permission • PGS not to be introduced before 2009 • Government want to ensure PGS and planning obligations can operate alongside one and other • Currently S106 can apply to pretty much anything but idea is to make S106 only apply directly to the development (e.g. access road, environmental improvements and affordable housing). • PGS

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