Issue - decisions

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

30/01/2023 - Mortgagee in Possession Clause in Section 106 Legal Agreements for Planning Applications

 

-  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.