23/P/2842/MOD

Description

Modification of Section 106 Legal Agreement for planning permission 16/P/1677/OT2 to allow 1) amend the number of persons who can occupy the 2 bed flats from 4 persons to 3 persons; 2) amend the definition of "Transfer Price" so as to allow the rent on retained equity capped at 1% to be increased in line with the Index plus 0.5%; 3) Paragraph 3 and 5 of the Second Schedule contains the release and mortgagee in possession clauses - these need to be updated to the industry standard wording to facilitate charging; and 4) Paragraph 4.1.1 of Schedule 3 to make it explicit that the registered provider can be a member of the management company in its capacity as owner of the affordable housing units

Council Website

Address

Land North Of Youngwood Lane And East Of Netherton Wood Lane Youngwood Lane Nailsea North Somerset

UPRN

000024150896

Coordinates

51.419006000000000, -2.773840500000000

Source: Application UPRN