To: Local Council

Make housing developers be transparent in Sunderland

Make housing developers be transparent in Sunderland

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.
Sunderland is desperately in need of affordable homes, so that young people can get on the housing ladder.
As council housing is non existent, no homes having been built for several years it would be policy to bring back this type of housing also.
Surely this could be arranged.

Sunderland

Categories


Reasons for signing

  • Sunderland Council must be seen to be transparent
  • Too many houses built at prices many cannot afford so why not build more social housing for rent and not profit..
  • Sunderland has the highest paid and most corrupt council in the UK. They're disgusting, even spending more on newspapers for themselves than their entire budget for local projects!!That's a fact not a joke.

Updates

2017-08-02 16:19:30 +0100

500 signatures reached

2017-07-25 18:07:19 +0100

100 signatures reached

2017-07-25 17:27:26 +0100

50 signatures reached

2017-07-25 17:19:12 +0100

25 signatures reached

2017-07-20 15:18:29 +0100

10 signatures reached