Section 106 affordable housing restriction removed on house in Gwynedd

We were approached by a client whose house had been subject to a Section 106 Planning Obligation which restricted its occupancy and value in an attempt to ensure that it was an affordable dwelling. However, after examination of the agreement and the property’s value it was clear that even when discounted its value was still too high for it to be an affordable dwelling, and indeed that there were many properties available on the open market locally at a lower price. Therefore, we were engaged to submit an application in order to remove the obligation, and we constructed a detailed case showing that the property did not meet the definition of an affordable dwelling. After numerous back and forth with the Local Planning Authority we finally received the sought after permission. Our client can now secure a mortgage on improved terms and has greater flexibility for future extensions to the property.