Assets of Community Value – Could Your Development Be Frustrated?
Assets of Community Value – Could Your Development Be Frustrated?
In this article, Serdar Mehmet, a Solicitor in IBB’s Residential Development Team looks at the impact of Assets of Community Value on housebuilders. As the residential development market shows real signs of growth, housebuilders are finding that their plans are being thwarted. Developers need to be aware of the implications of a site being or which could be classified as an Asset of Community Value.