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Understanding development economics

Date: 2 July 2015
Duration:1 Day
Price GBP 449 + VAT
Venue:The Hatton (etc Venues)
Event code:40306

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Why you should attend

Economic viability of proposed schemes seems as much of an issue today as it did in the depths of the credit crisis in 2009. With the market improving many ask why this is still the case. Government policy has been driving demand and aiding output through the planning system. What have those changes meant to scheme viability? How do new tenure types fit in the viability process, and which has the most impact for better or worse? How can I work with developers to achieve the optimum solution?

This Briefing and Workshop will enable you to answer these questions and have gained an understanding of the economic principles which drive the development industry and impact on the planning process.

Key benefits

Attending this Briefing and Workshop will help you:

1. Understand why viability matters in the planning process

2. What guidance exists and how to interpret it

3. What are the drivers for developers

4. Understand how to negotiate

5. See how CIL fits in

6. Know how new tenures influence viability

Who should attend?

  • Senior local authority managers whose decisions will affect future development
  • Policy planners and those preparing development plan documents
  • Development management officers and others involved in the development decision making process
  • Councillors with responsibilities for spatial planning and new housing
  • Housing enablers and policy officers
  • Housing association and development industry representatives

Example programme

9.00 Registration and coffee

9.30 Welcome and introduction by the Chair

9. 40 The Planning Inspector's view

  • NPPF requirements
  • Viability in plan making
  • Viability in appeal decisions
  • CIL

10.20 Where is the market and where is it going nationally?

11.00 Coffee and networking

11.20 RICS & Harman guidance – how to use and interpret them

  • Key points from the guidance
  • Site specific and area-wide assessments
  • Application & practice
  • 9 ‘Big Issues’
  • Concluding comments

12.00 Viability reports – the legal issues

  • Viability Reports – are they confidential?
  • Recent legal developments

12.40 Panel discussion

1.00 Lunch

2.00 Local authority perspective – need to prioritise

  • Developing the local policy context and guidance
  • Working positively with others
  • Role in the Development Management process

2.40 CIL and impact on affordable housing

  • Striking the balance: the challenge of CIL viability
  • Emerging approaches to CIL rate setting
  • Method and approach to testing viability
  • All or nothing: the tension between CIL and affordable housing, and different approaches adopted by examiners
  • What difference do the new regulations make?

3.20 The Planning Practitioner’s experience – Swings and roundabouts

4.00 Panel discussion

4.20 Conclusion by the chair

4.30 Close

Quotes from previous participants

q "Very good balance between technical issues and applied real life examples"

q "Excellent chair, very interesting topics and well presented"

q "Excellent – very practical advice and guidance"

In-house training

In-house training can be presented exclusively for your organisation on any subject in the planning and development field (including mangement skills). Training is individually tailored to meet the specific needs of your organisation.

To discuss your in-house requirements please contact Sarah Miller on 020 3122 0118 or e-mail