Glossary definition
EIA (Environmental Impact Assessment)
A statutory process required under the Town and Country Planning (Environmental Impact Assessment) Regulations 2017 for developments likely to have significant environmental effects. EIAs are mandatory for larger schemes such as developments of more than 150 dwellings or sites exceeding 5 hectares, and may be required for smaller schemes through a screening opinion.
Definition
A statutory process required under the Town and Country Planning (Environmental Impact Assessment) Regulations 2017 for developments likely to have significant environmental effects. EIAs are mandatory for larger schemes such as developments of more than 150 dwellings or sites exceeding 5 hectares, and may be required for smaller schemes through a screening opinion. The assessment results in an Environmental Statement that must accompany the planning application, adding both cost and time to the pre-development phase.
See also
Closely related terms.
Planning Permission
Formal consent from the local planning authority required before carrying out most types of development, including new construction, material changes of use, and significant alterations to existing buildings.
Outline Planning Permission
A form of planning consent that establishes the principle and scale of development on a site without approving the detailed design, which is dealt with subsequently through reserved matters applications.
Pre-Planning Risk
The risk that a development site fails to secure planning permission, or that the consent granted is materially different from the scheme envisaged, undermining the project's financial viability.
S106 (Section 106 Agreement)
A legally binding obligation negotiated between a developer and the local planning authority as part of a planning permission, requiring the developer to provide or fund specific community benefits such as affordable housing, public open space, or highway improvements.
Further reading
Guides that touch this term.
Guide
Legal Due Diligence in Development Finance: What Solicitors Check
Legal due diligence is the backbone of every development finance transaction. This guide explains what solicitors investigate, common issues that delay completions, and how to prepare your legal pack.
9 min read readReadGuide
How Does Development Finance Work? A Complete Guide for UK Developers
A ground-up guide to how development finance is structured in the UK, covering loan mechanics, drawdown schedules, monitoring surveyors, and what lenders look for in your application.
5 min read readReadGuide
Development Finance Application Checklist: Documents You Need
A comprehensive checklist covering every document lenders require for a development finance application, from development appraisals to contractor tenders and planning evidence.
11 min read readRead
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