Pickles has outlined plans for expert planning brokers to help local authorities renegotiate s106 agreements on stalled sites.
The following excerpt has been taken from the DCLG press release regarding this new scheme, to read the full article please follow this link.
Expert brokers will spearhead a fresh drive to get stalled housing deals up and running and builders back on moth-balled sites, Communities Secretary Eric Pickles announced today.
Mr Pickles is concerned that too much development is being stalled because of economically unrealistic agreements negotiated between councils and developers at the height of the housing boom. This results in no development, no regeneration and no community benefits at all when agreements are no longer economically viable.
The deals, known legally as Section 106 agreements, require developers to make a financial contribution to the community or provide housing, amenities or infrastructure as part of their planning permission.
Teams of intermediaries will now offer a free-of-charge advice and support service to councils and developers and will be available to help kick-start renegotiations of these deals to stop them being a barrier to getting building underway.
