Guidance for Wales
Foreword by the Planning Officers Society Wales
The Planning Officers Society Wales (POSW) provides the collective voice of local planning authorities across Wales, working collaboratively across sectors and with all partners involved in the development process to ensure we deliver great places in Wales.
POSW commissioned and endorses this Guidance Note as an important means of ensuring there is a clear and consistent approach to the way financial viability is factored into decision making in the planning process in Wales, including how Financial Viability Assessments are used and applied in the context of Welsh planning policy.
The purpose of this Guidance Note is to supplement existing policy and guidance from the Welsh Government on financial viability in planning. Its contents can be adopted by a Local Planning Authority by means of Development Plan policy and/or as Supplementary Planning Guidance to form a material consideration in determining planning applications.
However, the focus remains on ensuring that Financial Viability Assessments undertaken at the plan-making stage are sufficiently robust; so that only in exceptional circumstances will a further viability assessment be undertaken at the planning application stage.
