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Given that Section 106 of the agreements is a formal planning obligation and is a precondition for the granting of building permits, it is realistic that they are not ignored. The unilateral commitments are almost identical to the Denser agreements in section 106, so our responses apply to both. We can help you review commitments and agree on the text of the S106 agreement or unilateral commitment, even if you don`t need a profitability report. Legal audits of the date of use of a s106 agreement are set out in Regulations 122 and 123 of the 2010 EU Infrastructure Tax Regulation, as amended. The planning obligation is a formal document, a document that states that it is a planning obligation, that the lands concerned, the person who is in the obligation and their interests, and the competent local authority that would enforce the obligation, be identified. Commitment can be a single commitment or a multi-party agreement. This legislation to verify planning agreements, which are not feasible, has now come to an end and one of the options mentioned above should therefore be used. These agreements allow us to enter into a legally binding planning obligation with a developer in the context of granting the building permit. The other scenario is to reapply for a new planning application for an identical development already authorized, but with another S106 or UU agreement. A new building permit necessarily requires a new S106 or UU agreement that replaces the existing agreement. There is no planning fee to pay if the new application is submitted within 12 months of the last decision to approve the plan. A structure application can be a cost-effective alternative to a detailed application.

Before doing so, you must consider other changes that may have been made to the Planning Directive. For example, the LIL could be introduced or a new affordable housing policy was put in place. The government`s 2018 planning guide provides a concise answer to this question: Performance auditing is a process for assessing a site`s financial profitability by verifying whether the value generated by a development is greater than the reference value. It examines key elements of gross development value, costs, existing land value, landowner premium and developer performance. S106 Management`s profitability reports use industry-specific tools such as The Housing Corporation Economic Appearing Tool (HCEAT), the Three Dragons Development Appraisal Tool Kit and the Greater London Authority Housing Affordable Toolkit (GLA Toolkit) to accurately visualize the viability of a system and assess whether S106 contributions reduce profit margins below the generally accepted 15-20%.