Brown Brothers and Bullens – the developers of the proposed new housing site adjacent Heath Farm/Hempstead Road [H09) in Holt – have been recommended by their agent to request the level of affordable housing is reduced from 45% to 20 %. This is evident in the PLANNING STATEMENT prepared by Strutt & Parker on behalf of Brown Brothers and Bullen Investment Limited.
For those not wanting to wade through this rather lengthy document, here is what they wrote:-
4.18 The level of affordable housing to be delivered within the application has been informed by a detailed viability appraisal prepared by Strutt and Parker to support this application. It is proposed that 20% of the residential dwellings will be affordable housing, the precise mix and tenure of which will be subject to further discussions with NNDC.
Based on the suggested figure of 215 new homes proposed on H09, a reduction from 45% to 20% would mean a potential loss of 53.75 (43 instead of 96.75) affordable homes in Holt .
Will the mentioned ‘detailed viability appraisal’ be made public? It would be interesting to see which ivory tower this view was made from.
Apparently, a planning decision will be made in the next couple of months. I hope NNDC do stick to their guns and insist on 45%.