Development 'Commuted Sums'
Development 'Commuted Sums'
Author
Discussion

Hobo

Original Poster:

6,654 posts

277 months

Tuesday 10th February 2009
quotequote all
Looking at another site which would have an element of 'affordable housing' on it. The council however had confirmed they would take a commuted sum in leiu of housing.

They have provided a formula for how they work out thier commuted sum requirement (which comes to 270k). Is there however movement in this (I assume so) ? Are there specialist companies out there who deal with this on behalf of builders to negotiate the best deals ?

Hobo

Original Poster:

6,654 posts

277 months

Wednesday 11th February 2009
quotequote all
Surely someone on here's knows ?

mas99

4,935 posts

215 months

Wednesday 11th February 2009
quotequote all
I dont think so. They are being very reasonable in offering you a cash alternative to affordable housing imo.


Hobo

Original Poster:

6,654 posts

277 months

Wednesday 11th February 2009
quotequote all
There was I thinking I am being very reasonable arguing giving them a 1/4 mill legalised backhander rolleyes

scotal

8,751 posts

310 months

Wednesday 11th February 2009
quotequote all
Would a planning Consultant be able to help?

Hobo

Original Poster:

6,654 posts

277 months

Wednesday 11th February 2009
quotequote all
That was my initial thought as I am sure they deal with things like this all the time. The one round here used by Barratts was ID Property (or something like this).

Thought someone may know a company that do this for a living as I'm sure there plenty of people who would be interested in such an organisation.

Cheers.