Flats developer says promised payments to council now ‘unaffordable’

A developer says stumping up £60k it pledged to a council - which approved its plans to build a block of flats - is now “unaffordable”.

11 comments

Then you get all your property seized to make up for it. Simple as that.
- I tend to agree, they even still own them
Fuck these developers.
oh no, property developers can't afford to bribe the council? oh nooo oh noooo I feel so bad, think about all the predatory landlords that are missing out on somebody else's income oh nooooo
- I see you didn't read the article. The landlords have gotten their buildings, it's the local community that's getting screwed since those funds were earmarked for local improvements.
...am I missing something or is this straight up bribery?
- No, the money isn't for the council members it's "to provide facilities to a community following a development in the area." Developments that are needed as a consequence of the new housing.
- which bit?
  
  The developer promising payment to a council to approve a development.
"That's cool you can owe us"

wait

put a monster fucking lien on the next thing the dev does, for unpaid debt.

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