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Levvel completes Affordable Housing Economic Viability Study for Waveney District Council
August 2009

Levvel has successfully completed the affordable housing viability study for Waveney District Council following appointment at the end of June 2009. A stakeholders meeting was held in the early part of July 2009 to discuss the inputs into the assessment. This provided important support for a number of principles and inputs used in the viability study. Levvel provided the Council with draft results in August 2009 using projections of possible future market scenarios which complies with the need to inform both the economics of development today and for the whole period of the Core Strategy to 2021. This is a principle emphasised by the recently published Good Practice Note on Investment and Planning Obligations from the Homes and Communities Agency. The Council has now approved the report and the results can be seen on the council's website at www.waveney.gov.uk.

If you are looking to undertake a viability study or want advice on viability matters please contact Simon Mitchell on 01202 639444.
 
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Levvel will be expanding and evolving their services as a response to the economic climate and as a consequence of the changed political situation. We will launch the new services and updated website in the summer. As new housing and planning policies emerge, we will be hosting more regional seminars, starting in the South West.

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