Ashfield councillors reject request to scrap affordable housing

Jasmine Gardens, Annesley.

Jasmine Gardens, Annesley.

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Councillors have rejected a request from a housing developer to scrap the affordable housing provision on an Annesley estate due to its lower than expected profit margins.

Persimmon Homes, which is building the Jasmine Gardens estate on the former Annesley Colliery site, applied to Ashfield District Council to cancel all of the affordable housing requirement for the site, as set out in a Section 106 agreement.

The application was made because the company claims that if it sticks to building the agreed amount of affordable housing, it will not achieve a 20 per cent return on the remaining development, only an ‘unsatisfactory’ 15.51 per cent.

 

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