Q&As

What are the statutory powers and processes if a council wishes to deliver mixed-use developments? Part of the properties will be held under the general fund and part under the housing revenue account fund. How should the property that is appropriated from the Housing Revenue Account to the general fund and vice versa be valued for accounting purposes? Is it based on open market value? Is there any statutory guidance?

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Produced in partnership with Chris Bryden of 4 King’s Bench Walk
Published on: 05 October 2020
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In recent years, local authorities have begun engaging in the direct delivery of housing, including in respect of mixed-use developments. There are various ways in which such developments can be delivered, including by direct delivery and partnership with the private sector, or the sale of the land on a leasehold basis. Local authorities should have in place a local plan under the National Planning Policy Framework and recourse should, in the first instance, be had to that. The legal framework is contained primarily in the Town and Country Planning

Chris Bryden
Chris Bryden

Chris was called to the Bar in 2003 and since that time has built a busy practice across a range of areas, with an emphasis on Chancery practice. He enjoys a well-deserved reputation for his knowledge and expertise in each area. He appears regularly in the County Court, Family Court and the High Court as well as various specialist Tribunals, and has been involved in cases up to and including the Supreme Court. He regularly is instructed at Appellate level. He has extensive and wide-ranging experience particularly in the areas of wills, probate and inheritance disputes; property including adverse possession, boundary disputes and issues arising out of trusts of land; company and commercial work and financial remedies. Chris is head of the Family Group and head of the Property Team at 4KBW.

Chris is the author of numerous articles in publications such as the New Law Journal, Counsel and Family Law, amongst many other titles, and is the co-author of Social Media in the Workplace: A Handbook (2015, Jordan Publishing).

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Jurisdiction(s):
United Kingdom
Key definition:
Market Value definition
What does Market Value mean?

The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an transaction'>arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.

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