Object
Community Infrastructure Levy - Draft Charging Schedule (Nov 2014)
Representation ID: 1783
Received: 12/12/2014
Respondent: Cogent Land LLP (Cogent)
Representation Summary:
Viability Inputs
Cogent and Savills continue to fundamentally disagree with a number of the assumptions made by BNP in the viability testing. These are discussed in greater detail below.
As stated in our previous representations, the blended profit rate adopted by BNP in the Viability Study is below the minimum level required by national housebuilders, developers and land promoters.