RTPI NW Development Finance & Viability: From Two Perspectives

The planning system largely depends on private development companies to implement its forward plans, and a better understanding of the process will help planners to negotiate successful outcomes.

This event will provide an overview of development finance, viability and the jargon used. It will include an update on S106 and CIL, explain the importance of viability, consider the developer perspective, looking at the risks they face and the profit they seek. It will also look at the practical application of relevant policy and guidance and provide a review of financial viability appraisal methods.

Click here to book on the RTPI website

Introduction and explaining the Jargon

• What is viability?
• Why is viability important?
• Explaining the Jargon used in Development Finance and Viability
• Review of different appraisal methods

Adam Mirley, Director, Lambert Smith Hampton

Principles of Development Financing

• The principles of a development appraisal
• Sources of finance and their security
• Contingency and profit

Speaker tbc, Turley

CIL, S106 and Delivering Development

• Developer’s development appraisal
• Overage and clawback

Derek Nesbitt, Director, Head of Residential, Cushman & Wakefield

Creating and Implementing CIL

• Brief introduction to the process of creating CIL
• CIL in practice
• Lessons learnt

Helen Hatch, CIL/S106 and Research Officer, West Lancashire Borough Council

The Role of Viability in Plan Making

• Whole Plan Viability

Stephen Miles, Director, UK Development, Cushman & Wakefield

Legal Update re CIL, S106 and Viability

• Legislation update
• Key case precedent

Andrew Piatt, Partner, Gateley Plc

Chairman: Richard Purser, Associate Director, DPP

Programme

9.30am  Registration & refreshments

10.00am  Welcome and Introduction by the Chair Richard Purser, Associate Director DPP

10.10am  Introduction and explaining the Jargon Adam Mirley, Director, Lambert Smith Hampton

10.40am  Principles of Development Financing Speaker tbc

11.25am  Coffee break

11.50am  CIL, S106 and Delivering Development Derek Nesbitt, Director, Head of Residential, Cushman & Wakefield

12.35pm  Q&A

1.00pm  Lunch

1.45pm  Crating and Implementing CIL Helen Hatch, CIL/S106 & Research Officer, West Lancs BC

2.15pm  The Role of Viability in Plan Making (Whole Plan Viability) Stephen Miles, Director, UK Development, Cushman & Wakefield

2.45pm  Tea Break

3.10pm  Legal Update re CIl, S106 and Viability Andrew Piatt, Partner, Gateley Plc

3.40pm  Q&A

4.00pm  Close

Aim: To consider the different perspectives of development finance and viability

By attending this event planners should be able to:

• Achieve a better understanding of the jargon used in development finance and viability
• Appreciate the principles of development financing and viability
• Understand the implications of recent decisions in the courts and changes to legislation
• Consider the different perspectives of delivering development alongside CIL and S106s

Click here to book your place