Brighton and Hove council is looking to force developers to publicly disclose financial information in cases where they are they cannot meet affordable housing targets. A report goes before the council’s tourism, development and culture committee on 11 January, which would require full viability assessments to be submitted up front with the rest of the application information in a bid to make the planning process more transparent. These viability assessments would then be published in full for everyone to see. At present the local authority requires that housing developments of five or more residential units provide a percentage of affordable housing, unless it would make a scheme financially unviable. All schemes over 15 units are required to provide 40 per cent affordable housing. Currently, developers submit viability assessments to the council, which are then independently assessed by the district valuer services (DVS). The viability information and the independent assessment are … (To read the full article, subscribe below)

Jamie Hailstone

Senior reporter – NewStart