Will they? Won’t they? It’s a waiting game for smaller property developers
As the legal advisors of choice to the people and businesses of Dorset, Blanchards Bailey has a reputation for protecting the property interests of its clients. So, when a landmark decision was made this summer at the High Court involving developers, the firm dug into the issue to explore the potential impact.
Under previous national planning practice guidance, property developers building schemes with less than 10 houses did not need to make any contributions to affordable housing.
However, West Berkshire and Reading councils successfully challenged this in August persuading the High Court to quash the policy. The change would result in some developers being left seriously out of pocket. And it didn’t end there. In September, the Department for Communities and Local Government requested and was granted permission to appeal the High Court’s decision.
So, what does all this mean for you?
If the appeal is not successful you could face increased costs. The appeal means there is hope but it’s important to consider the implications and seek advice now.
Sarah Heath, Principal - Head of Commercial Services said: “It’s clear that, due to the changes every development needs to be looked at carefully to ensure developers are not paying out needlessly. Property competitive, so we are working hard to make sure our clients stay profitable, competitive and successful.”
Blanchards Bailey is recognised by The Legal 500 as one of the best legal firms in the UK. It’s welcoming team of experts have a huge depth of knowledge in property in Dorset and is on hand to talk to you so pick up the phone and stay ahead of the game.