Planning Application 21/04190/S73
Torus has submitted a new planning application for the development with revised measurements.
The reference for the planning application is 21/04190/S73.
Kingsley Parish Council has no planning objection regarding the application, subject to a satisfactory settlement being reached with neighbouring properties.
If you would like to submit a comment on this planning application, please follow the below link and insert the planning application reference in the search box and click the ‘comments’ tab.
https://pa.cheshirewestandchester.gov.uk/online-applications/
Please note:
1) Your address will be published with your comment; and
2) Any text entered into the comment text box will be published without being moderated or redacted. Please do not enter any information you do not want to appear online.
You can view the Planning Privacy Notice of Cheshire West and Cheshire Council on the following link:
https://www.cheshirewestandchester.gov.uk/system-pages/privacy-notices/planning.aspx
Higher Heyes – New Planning Application
Torus is expected to submit a new planning application in the coming weeks for the development following a discovery that the position of the dwellings differ to those which were approved by Cheshire West and Chester Council.
As a result of this, Torus is unable to progress with sales at this time.
Torus has advised they are currently liaising with customers who are in the process of purchasing and will be covering out of pocket expenses for purchasers who are effected.
Higher Heyes Update – Rural Repurchase Scheme
Torus have been advertising the Shared Ownership properties to those with a local connection to Kingsley since 13 January 2021.
Interest in the properties has been steady, however issues have been experienced an issue in relation to lenders and mortgage availability.
The Affordable Housing Statement for the development was initially drafted to include restricted staircasing at 80%.
However, purchasers have been experiencing difficulties sourcing a mortgage due to this restriction.
Torus have been looking for a solution to resolve this matter. There is an alternative solution which would enable Torus to retain these properties for affordable housing in perpetuity whilst at the same time increasing the number of lenders available to purchasers. This would be through a Rural Repurchase Scheme.
The Rural Repurchase Scheme would remove the 80% restriction and enable purchasers to source a mortgage from all twenty-two lenders currently offering Shared Ownership products. What it would mean is that when a
purchaser staircases to 100%, and wishes to sell their property, Torus would repurchase the property and re-market it on a Shared Ownership basis. Where the purchaser has staircased to 100% the freehold would remain
with Torus to enable them to control this process.
Torus have approached Cheshire West and Chester to highlight this issue and outline the proposed solution.