Mayor of London's Supplementary Planning Guidance caused an 'immediate and damaging impact' on retirement developers

These documents have been released as a follow on from the Mayor of London's Supplementary Planning Guidance in 2017 on affordable housing and viability, relating to policies in the adopted London Plan.

The guidance "introduced a ‘threshold approach’ to negotiating affordable housing delivery or contributions in lieu on the grant of permission for residential development" - these were challenged by four specialist retirement developers; McCarthy and Stone Retirement Lifestyles Ltd., Churchill Retirement Living Ltd., Pegasus Life Ltd., and Renaissance Retirement Ltd.

Their argument highlighted that this approach had an immediate and damaging impact on their ability to acquire and develop land.