The Nuneaton & Bedworth Borough Council Local Plan has been found sound by Inspector David Spencer on 9th April 2019. DSP provided the viability evidence to support the Local Plan and stated by the Inspector to be “a comprehensive document that updates previous viability work and applies reasonable development costs and revenues assumptions to demonstrate that residual land values are within the bounds that are likely to be anticipated for willing landowners and developers“.
He goes on to say: “The assessment has undertaken prudent sensitivity testing around potential affordable housing contributions to underpin the content of Policy H2. The assessment is appropriate in identifying the caution that needs to be applied to employment generating developments but the general testing on residential typologies and further detailed testing of the proposed submitted strategic sites shows that the proposed scale of obligations and policy burdens does not threaten their ability to be developed viably”.
DSP worked with the Council over a number of years producing area wide viability evidence and updates and providing additional support through the Examination process.