The details of this must be set out in the section 106.
However, if agreement is reached between a developer and a local authority, this requirement can be met by other routes, such as a commuted payment and/or other forms of affordable housing as defined in the National Planning Policy Framework glossary. It is expected that developers will usually meet their affordable housing requirement by providing affordable private rent homes. Revision Date: 13 09 2018 Is affordable private rent the only form of affordable housing permitted on build to rent schemes? Build to rent developers should assess the market rent using the definition of the International Valuations Standard Committee as adopted by the Royal Institute of Chartered Surveyors. Revision Date: 13 09 2018 How should affordable private rent be calculated?Īffordable private rent should be set at a level that is at least 20% less than the private market rent (inclusive of service charges) for the same or equivalent property. The rent on the discounted homes should increase on the same basis as rent increases for longer-term (market) tenancies within the development. The discount should be calculated when a discounted home is rented out, or when the tenancy is renewed. National affordable housing policy also requires a minimum rent discount of 20% for affordable private rent homes relative to local market rents. Similarly, the guidance on viability permits developers, in exception, the opportunity to make a case seeking to differ from this benchmark. If local authorities wish to set a different proportion they should justify this using the evidence emerging from their local housing need assessment, and set the policy out in their local plan. Affordable private rent and private market rent units within a development should be managed collectively by a single build to rent landlord.Ģ0% is generally a suitable benchmark for the level of affordable private rent homes to be provided (and maintained in perpetuity) in any build to rent scheme.
The National Planning Policy Framework states that affordable housing on build to rent schemes should be provided by default in the form of affordable private rent, a class of affordable housing specifically designed for build to rent. Revision Date: 13 09 2018 Affordable housing What provision of affordable housing is a build to rent development expected to provide? This should recognise the circumstances and locations where build to rent developments will be encouraged – for example as part of large sites and/or a town-centre regeneration area. If a need is identified, authorities should include a plan policy setting out their approach to promoting and accommodating build to rent. The assessment will enable an evidence-based planning judgement to be made about the need for build to rent homes in the area, and how it can meet the housing needs of different demographic and social groups. Specific demographic data is available on open data communities which can be used to inform this process. If you are up for it, you can fight for them and lead your troops into epic, 3D-animated battles against powerful opponents.Planning for build to rent Should authorities promote build to rent?īuild to rent is a distinct asset class within the private rented sector, and has been defined in the National Planning Policy Framework glossary, in order to simplify its treatment within the planning system.Īs part of their plan making process, local planning authorities should use a local housing need assessment to take into account the need for a range of housing types and tenures in their area including provisions for those who wish to rent. Every type of Relic can boost the production of a certain good – which ones will you specialize in?Įach Province features eight Encounters, where you will meet different people and characters who will try to trade their Relics with you.īut negotiating is not the only option to get your hands on these precious rewards. Establishing good relationships will assure you of their support and grant fee-free trading conditions.Īcquire the Relics and gain access to the magical knowledge of the remote ancestors of Elvenar. Ancient magic Relics that were forgotten for thousands of years rise to the surface and are waiting for you to find and collect them in the endless Provinces surrounding your city.Įxplore the world of Elvenar, make your name and become well-known among your neighbors!ĭiscover the cities of other players, interact and socialize with them. With the comeback of the glorious Elvenar, a new era draws near!Įlvenar’s wasteland begins to flourish again, turning back into the thriving region it was many millennia ago.
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