Redevelopment in Waltham Forest: the shocking fate of Section 106 ‘planning gain’ UPDATED
In recent years, there has been growing unease in Waltham Forest about the character of redevelopment, particularly in terms of the balance between public and private good. While LBWF in theory is charged with advancing the interests of local residents, there is a feeling that all too often it has tiptoed around the big property companies now operating in the borough, meaning that what is built tends to cater for those with ready money, and overlook those without. Readers will no doubt have their own views on these matters, but one important detail that has escaped much attention is the so called ‘planning gain’ that accrues to LBWF as building work continues, and may be used to soften the r... »