Site Specific S106/Affordable Housing Economic Viability Appraisals

Site Specific S106/Affordable Housing Economic Viability Appraisals

We have extensive experience of undertaking Economic Viability Assessments (EVAs) on behalf of private and public sector clients for both residential and commercial development schemes. This is at a project level for decision taking and at a policy level for plan making.

S106 Negotiations for Developers

We prepare Economic Viability Assessments to support S106 negotiations to enable schemes to come forward by ‘unlocking’ affordable housing contributions to ensure scheme viability. This may involve a reduction in the affordable housing target % and/or sophisticated analysis of the scheme mix/tenure and phasing of infrastructure. Our viability assessments are based on detailed cashflow appraisals and robust market analysis.

Viability Advice to Planners

We act for Local Planning Authorities to review developer’s viability statements.  We are on Local Authority panels of economic appraisers and also work on specific schemes where there is a viability issue.  Our valuation and appraisal skills enable us to ‘challenge’ the developer’s assumptions to ensure they are robust.

Financial Modelling

We have experience of preparing viability models using Argus Developer or ProDev and creating bespoke cashflow models in Excel.  We are also well versed in using the various development appraisal ‘toolkits’.

For further information about our services browse our case studies.