220 LB BROMLEY LOCAL INTERMEDIATE HOUSING INCOME THRESHOLD REVIEW PDF 116 KB
Additional documents:
Minutes:
Report DRR15/047
The Councils Supplementary Planning Documents on Affordable Housing and Planning Obligations specified that local intermediate housing income threshold figures should be reviewed regularly. The current figure of £35,000, set in 2008, did not reflect local house prices and incomes. At its meeting on 24th March 2015 the Development Control Committee had agreed reviewed local upper limit intermediate housing income thresholds for one, two and three bedroom units.
RESOLVED that reviewed local upper limit intermediate housing income thresholds be agreed as follows –
1 bedroom units £38,800
2 bedroom units £50,500
3 bedroom units £62,500
GLA upper limit applies to 4 bedroom + units.