"Developers will have to put in their best guess, and may want to put in the highest cost figure they can so it reduces the overall viability and, therefore, how much affordable housing they produce."
In Property Week, partner Alex Ground and senior associate Catherine Knight discuss the Government's new biodiversity scheme. The new measures were introduced by the Environment Act, 2021 - among the measures was a stipulation for developers to ensure any new development by a minimum of 10 per cent. However, with five months left until the new measures come into force, the Government has yet to publish the full details of how the biodiversity net gain (BNG) scheme will work in practice.
The full article is available to read by subscription to Property Week.
Alex Ground is a partner and head of the planning team. She advises on all aspects of planning, highways and compulsory purchase including planning applications, appeals, negotiating s106 agreements, challenges and enforcement.
Catherine Knight is a senior associate in the planning team. She advises clients on a wide range of issues, including on planning appeals and judicial challenges, planning applications, development agreements and community infrastructure levies.
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