To: Glasgow City Council

Make housing developers be transparent in Glasgow City

Make housing developers be transparent in Glasgow City

Require developers to make their viability assessments public if they claim they cannot meet council targets of affordable housing in new developments.

Why is this important?

Current planning law states that if a developer will make less than 20% profit on a new development, they can ignore a council's regulations about building affordable and social housing.

Leaked documents from several developers have shown that the maths they use to work out their profit margins are purposefully misleading, allowing them to claim they will make less than 20% profit on a development by undervaluing the prices of the houses they will sell and over-costing the labour.

To combat this Islington, Greenwich, Lambeth and Bristol councils have introduced a policy that forces developers "viability assessments" to be made public.

By bringing these dodgy maths into the public domain, Councils, campaigning groups and individuals will be able to hold developers to account and force them to use more honest maths.

Glasgow City

Categories


Reasons for signing

  • Glasgow needs Affordable housing. Too many people are being shut out from buying property. This should not be. A fair profit for a fair price. To ensure this all viability assessments should be made public.
  • Transparency is crucial particularly in govt contracts - No say, No pay.
  • I believe everyone should be able to live in a home of their own. If they wish to buy a home and realise what this involves, then there should be homes locally which they could afford.

Updates

2017-06-28 16:10:41 +0100

1,000 signatures reached

2017-06-28 09:48:05 +0100

500 signatures reached

2017-06-28 08:15:09 +0100

100 signatures reached

2017-06-28 08:08:55 +0100

50 signatures reached

2017-05-11 09:40:09 +0100

25 signatures reached

2017-04-17 16:13:45 +0100

10 signatures reached