S106 Management are the most experienced viability experts in the field.
We complete high-quality, cost-effective development viability reports at any planning stage to assess your scheme’s viability and improve your profit.
Our reports start from around £2,000 + VAT, depending on your site conditions and complexity.
Our expert negotiators will achieve reduced or removed affordable housing and section 106 contributions without lengthy and drawn-out delays in the planning process. We aim to reach agreement as quickly and efficiently as possible, reducing your finance costs and uncertainty.
Using industry standard specialist toolkits such as HCEAT, GLA Toolkit, and Argus Development Appraisals, we create comprehensive reports in a format widely understood and accepted by local planning authorities.
Our viability experts have been working with developers, planners and architects for over twenty years, and in that time, we have written more than 2,000 development reports – saving an average of £100,000 per client.
All of our reports are tailored to your specific development conditions, and the relevant policies from the local planning authority, to ensure a robust view of your development’s economic viability.
All local authorities will seek a certain number of contributions from proposed development.
The viability report is a document that is more commonly asked for at the start of the planning process in order to justify lower contributions, and is required by many local authorities when determining consent.
These reports are the result of an objective appraisal process, wherein the amount of value generated by a development is assessed after considering all relevant costs. Financial viability is generally defined by whether the development value exceeds the existing land value (EUV) plus a landowner premium. The planning obligations part comes in where these costspush the profit margin to a level where the development no longer provides anacceptable level of profit – usually 15-20%.
The earlier the better – but it is never too late.
Understanding the economic viability of your site is just as important as other planning considerations, so it’s best to be armed with this information as early in the process as possible.
Unlike many consultants, we provide free initial consultation with a member of our team to determine the viability of your development.
This will include a brief discussion about your site interms of size, current use, and which planning authority it relates to. At this point we’ll also be able to discuss any current or potential section 106 planning obligations you have been asked for, and roughly calculate if we can help to reduce these to maintain your site’s viability. We will also be able to give you a fixed fee quote for our work.
We will tell you up front whether your site’s contributions are challengeable, before you spend a penny.
Our reports typically take no longer than 10 working days.
If you are required to enter further negotiations or an appeals process, we can also provide council liaison, appeal submissions and expert support to ensure the inspector fully understands the details of the viability case.
Get in touch today for a free consultation.