Viability, Obligations and Commercial articles – page 8

173 articles
Viability, Obligations and Commercial7 min read

Benchmark land value: existing use value plus a premium

Benchmark land value decides most viability arguments before the build cost is opened. Here is how to establish existing use value, justify the premium and handle alternative use value.

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Viability, Obligations and Commercial6 min read

Varying a section 106 agreement: the routes and the evidence

A deed of variation can change a section 106 obligation at any time. The statutory route under section 106A only opens after five years and applies a test the authority does not negotiate.

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Viability, Obligations and Commercial6 min read

Section 106 or CIL: what each can lawfully pay for

Site-specific mitigation belongs in a section 106 obligation. Area-wide infrastructure capacity belongs to the levy. The three statutory tests are where the line is drawn.

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Viability, Obligations and Commercial6 min read

CIL and existing floorspace: the in-use building test

The in-use building test decides whether demolished floorspace reduces your levy. Here is the six month rule, the date it runs to, and the evidence councils accept.

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Viability, Obligations and Commercial6 min read

CIL liability notices, commencement notices and surcharges

Assume liability, claim relief, serve the commencement notice, then start. Get that order wrong and you lose instalments and pick up a surcharge that appeals rarely overturn.

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