Validation Checklist - List 1

Financial Viability Assessment

3o Financial Viability Assessment

Required for major developments that do not offer planning obligations in accordance with the Council’s Supplementary Planning Document on Planning. Obligations, February 2012 and Hertfordshire County Council’s planning obligation guidance – toolkit for Hertfordshire.

Applicants are required to provide evidence and firm assurances demonstrating the reliability of the submitted financial viability information. This shall take the form of a robust open book appraisal.

Information may be found in the Council’s Planning Obligations Supplementary Planning Document, February 2012, Section 4, page 34, paragraph 4.12 ‘Viability’.

Information may be found in the Council’s Planning Obligations Supplementary Planning Document, February 2012, Section 4, paragraph 4.12.

Policy Driver and where to get more advice: Policies H10 (Affordable Housing) and D9 (Access and Design for People with Disabilities) of the Welwyn Hatfield District Plan 2005. Policies SP7 and SP10 of the Draft Local Plan Proposed Submission, August 2016. National Planning Policy Framework, Section 8. Section 106 affordable housing requirements (April 2013, Communities and Local Government).