Decision details

Mortgagee in Possession Clause in Section 106 Legal Agreements for Planning Applications

Decision Maker: Cabinet Member for the Climate Emergency

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To agree some delegated authority on legal agreements

Decision:

 

-  That it be agreed that the Director of Planning and Growth has delegated authority to make decisions on deeds of variation to Section 106 planning legal agreements to vary the Mortgagee in Possession (MIP) clause where appropriate; and

 

-  That it be agreed that the Director of Planning and Growth has delegated authority to require the inclusion of the GLA Mortgagee in Possession (MIP) clause in Section 106 planning legal agreements where appropriate and on consideration of a the financial strength of the Registered Provider,

 

until 31 December 2024 or the adoption of an Affordable Housing and Viability SPD, whichever is the earlier.

 

Publication date: 30/01/2023

Date of decision: 30/01/2023

Effective from: 07/02/2023

Accompanying Documents: