Speculative planning applications?

[Alan Ambrose]

How the revised formula for assessing housing need is set to leave more councils vulnerable to speculative development
 

The finalised new formula for calculating local housing need has boosted levels in many areas of England, leaving increased numbers of authorities without the required five-year housing land supply and therefore vulnerable to speculative planning applications.     

 

And I thought all applications were speculative....

 

It obviously means something specific?

[BigBub]

When a council can no longer demonstrate a five-year housing supply, the tilted balance is engaged. This usually leads to more housing applications for the council which may not accord with every policy in their local plan but more weight may be given to them in meeting the housing need on balance.

 

https://www.savills.co.uk/blog/article/312988/residential-property/in-plain-english--the-tilted-balance.aspx

[ToughButterCup]

Alan , who's the author of the cited text? And what's the context? What motive might the author have ? 

 

'... therefore vulnerable ...' is a loaded phrase. Why did the author use it? 

[Alan Ambrose]

@ToughButterCup

 

Good point - from Planning Daily’s feed (I’m not a member, but get the headlines). Mostly LPAs and consultants as customers, I think.