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Development planning
Understanding development economics
| Date | 27 June 2013 |
|---|---|
| Duration | 1 Day |
| Price | GBP 449 + VAT |
| Location | London |
| Venue | Paddington (etc Venues) |
| Registration | 9.00-9.30 |
| Close of Seminar | 4.30 |
| Our code | 38947 |
| Also held on | There are no other dates for this event confirmed yet. Please call us on 0845 120 9602 for more information. |
- Why you should attend
- Who should attend?
- Benefits of attending
- Programme
- Chair
- Speakers
- Quotes from previous participants
- CPD requirements
- In-house training
Customers who attended this event also attended the following:
Why you should attend
New developments raise questions about economic viability that seem increasingly important. Why does development economics matter? What is a residual land value? How can local authorities take viability into account? What does ‘you can take it out of land value’ mean? What is the perspective of the development industry? Where does the Community Infrastructure Levy fit in? How do I work within an uncertain market? What is the value of Affordable Housing?
At the end of the Briefing and Workshop you will be better able to answer these questions and have gained an understanding of the economic principles which drive the development industry and impact on the planning process.
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
Benefits of attending
Attending this Briefing and Workshop will help you
1. Understand why viability matters for policy making and individual schemes
2. Appreciate what developers need to make a scheme work
3. Look at the strengths and weaknesses of the local authority in negotiations
4. Know how the Community Infrastructure Levy fits in
5. Determine the options for decision makers in an uncertain market
Programme
9.00 Registration and coffee
9.30 Welcome and introduction by the Chair
Andy Leahy, Managing Director, Bespoke Property Group
9.40 The Planning Inspector's view
- NPPF requirements
- Viability in plan making
- Viability in appeal decisions
- Relationship with CIL
Keith Holland, Planning Inspectorate
10.30 Harman Guidance on Viability Testing of Local Plans
- Assessing the land supply
- Reflection of policy
- Objective evidence
- Sound method
- Competitive returns to developer and landowner
Jim Ward, Director, Savills
11.20 Coffee and networking
11.40 RICS guidance
- “At the coalface”: the application of guidance in financial viability in planning
- NPPF, RICS, LHDG and other guidance
- Cumulative impact and the viability Pot
- Post guidance Appeal and other decisions: scheme specific and area wide viability
- What are the 5 big issues of the day that keep the viability community awake at night?
Robert Fourt, Partner, Gerald Eve
12.30 Panel discussion
1.00 Lunch
2.00 Valuation of Affordable Housing Units
- Delivery of social housing and affordable housing with subsidy and the prospects for the future
- Delivery of units with low or nil grant
- Impact of Housing Benefit Reform and Direct Payments
- Wither RPI?
- Lenders appetite for funding and how this might impact
- Registered Providers’ appetite for affordable housing through S106 agreements
Simon Devitt, Affordable Housing Policy Consultant, Bespoke Property Group
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’s new in the revised Statutory Guidance?
Anthony Lee, Senior Director, BNP Paribas
3.20 Homes and Communities Agency update
HCA representative TBC
4.00 Panel discussion
4.20 Conclusion by the chair
Andy Leahy
4.30 Close
Chair
Andy Leahy: Andy Leahy set up Bespoke Property Group in 2004 which specialises in providing consultancy services on affordable housing to developers, RSLs, local authorities and the Homes and Communities Agency. Andy is also Chair of A2 Dominion Enterprises which is the open market arm of A2 Dominion targeting the key worker and open sale / rental markets. Andy is a Director of the Affordable Property Trust, a new investment vehicle in Affordable Housing and has been leading discussions with Government and financial institutions about getting private finance into affordable housing and the private rented sector. He is also Landlord of a number of tenanted residential properties.
Speakers
Andy Leahy: Andy Leahy set up Bespoke Property Group in 2004 which specialises in providing consultancy services on affordable housing to developers, RSLs, local authorities and the Homes and Communities Agency. Andy is also Chair of A2 Dominion Enterprises which is the open market arm of A2 Dominion targeting the key worker and open sale / rental markets. Andy is a Director of the Affordable Property Trust, a new investment vehicle in Affordable Housing and has been leading discussions with Government and financial institutions about getting private finance into affordable housing and the private rented sector. He is also Landlord of a number of tenanted residential properties.
Simon Devitt: Simon Devitt has thirty five years’ experience with the private sector, local authorities and Registered Providers dealing with the funding, development and management of affordable housing. His roles have included Policy Director responsible for planning the Housing Corporation’s national funding programme; Chief Executive of a Housing Association and Executive Director of a G15 Housing Association (the grouping of London’s largest developing Housing Associations. He joined Bespoke Property Consultants in 2010 working on a wide range of affordable housing projects. He is a Board Member of a housing association and was also formerly a non-executive director of a national mental health service provider.
Robert Fourt: Robert Fourt is a partner in the Gerald Eve planning & development and structured finance teams, based in the West End. He has been with the firm since 1986 and, in the mid-1990s, Robert managed the firm’s Polish operations. He has provided advice on a variety of commercial property throughout England and on mainland Europe. Robert has specialised in the field of development consultancy and finance including project co-ordination, strategic planning, financial and risk analysis, feasibility studies and the funding and bringing forward a wide range of schemes on behalf of public, private and corporate clients. Since 2007 Robert has also been partner responsible for finance and investment research in Gerald Eve.
Mike Fox: Mike Fox joined the Planning Inspectorate in 2007, and spends most of his time examining development plans. Prior to this he was Assistant Environment Director at Torbay Council, and in previous lives he has worked for a range of UK planning authorities, the University of Salford and the Government of Kenya.
Anthony Lee: Anthony Lee is a specialist in affordable housing, with extensive experience in financial modelling, valuation advice and research and consultancy. His clients include public and private sector landowners, developers, local authorities and RSLs. He has recently advised local authority and developer clients on major strategic residential developments, providing a combined total of approximately 20,000 housing units. He also advises NHS trusts and RSLs on the provision of key worker housing. Before joining the business in 2000, Anthony worked in management consultancy and research roles in housing. In 2002, he was awarded a doctorate for research on changes in the role of government as a provider of welfare services, with particular reference to new roles played by the voluntary sector in the ownership and management of council housing
Jim Ward: Jim Ward is a Director of Savills Residential research department. His remit is to make Savills research analysis available to clients, alongside the market knowledge and specialist skills that are offered by Savills development and planning network. Much of his current work is focused on the potential for rental uplift on Affordable Rent Properties, working in partnership with Rightmove to assess market rents, together with affordability, to assess market potential, volatility and risk. He was seconded to the Homes and Communities Agency for the 12 months to October 2010. There he was responsible for strategic analysis of the economics of affordable housing delivery and the wider viability of residential development, to inform policy direction.
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"
CPD requirements
This conference is intended to help RTPI members with their CPD requirements.
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 sarah.miller@rtpiconferences.co.uk
