Rules for s106 agreements may change under Growth and Infrastructure Act options

Juliana ORourke
27 January 2014
 

Onerous section 106 requirements can tip schemes into unviability, but new rules could see the sums adding up for more development projects. Viability debates increasingly shape development: its size, quality and tenure. Getting the tipping point right, between demanding too much and securing too little, remains a fundamental challenge. Hardening in the residential market and the creation of a new viability appeal through the Growth and Infrastructure Act 2013 are changing the game. Roy Pinnock...

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