Track record
Build to rent development, Milton Keynes
Packaged Living
Coordinated the planning application and viability submission on a large development
Build to Rent
Financial Viability Assessments
Affordable Housing
Service
Residential
Industry
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.
Our track record
Stadium Holdings Ltd
1 Olympic Way, Wembley
Neighbourly Matters advice for a 7-storey extension to provide student accommodation
104-106 East Street, Southampton
Delivery of commercial and market-led viability advice to support the successful completion of a stalled development.
Yorkshire Housing
12,000 Stock Condition Surveys – Yorkshire Housing
Appointed by Yorkshire Housing via the Fusion21 Framework to complete 12,000 stock condition surveys over a 3-year period
37-42 Tenby Street and 30-31 Albion Street, Birmingham
Expert Party Wall advice to protect adjoining owners’ interests
Kruton No. 2
9-12 Middle Street, Brighton
Appointed as Employer’s Agent on new build commercial project.
Kwik Fit
Acquisition for Kwik Fit, Atex Business Park, Stowmarket
Instructed by Kwik Fit as national retained acquisition agents
Bernard Construction
Affordable housing provisions for a mixed-use scheme, Balham
Provided a detailed FVA, development advice and affordable housing strategy
Higgins Homes
Affordable Housing valuation for a mixed use scheme, Garratt Lane, Wandsworth
Development Consultancy advice to support a planning application for a mixed use scheme
London and Regional
Albert Island Redevelopment
Providing Cost Management & Quantity Surveying services on an exemplar industrial intensification project
Aldersbrook Baptist Church
Aldersbrook Baptist Church, Wanstead
Sale of church hall and provision of cost advice regarding development and refurbishment of church.