Track record

Build to rent development, Milton Keynes

Packaged Living

Coordinated the planning application and viability submission on a large development

Build to rent, Milton Keynes

Build to Rent

Financial Viability Assessments

Affordable Housing

Service

Residential

Industry

Nick Fell

Nick Fell

The project

Rapleys was instructed to coordinate the planning application and viability submission on a large development in central Milton Keynes.

The planning application sought consent for 294 rental apartments and an apartment hotel, forming part of a mixed use development also comprising a 200+ bedroom hotel and other commercial uses. The scheme is the largest build to rent development as well as the tallest residential building in Milton Keynes.

Our solution

We coordinated the viability submission, during which we liaised with the client team to inform our financial appraisals and viability report. Following submission of the Financial Viability Assessment, we negotiated with the Council’s viability consultant, justifying our valuation approach and adopted appraisal inputs.

Rapleys ensured that the planning application and viability submission were prepared efficiently and according to the client’s desired timescales. We carried out negotiations in a timely manner and negotiated an affordable housing position that satisfied the council’s policy requirements and client’s objectives.

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Key contacts

Gain national and local expertise through our multidisciplinary teams of experts.

Partner & Head of Residential – Residential

Nick Fell

Our Track record

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