At a Glance
- Tasks: Join us as a Chartered Surveyor, assessing development viability and contributing to affordable housing solutions.
- Company: Tower Hamlets Council is dedicated to addressing the housing crisis in London with innovative solutions.
- Benefits: Enjoy a competitive salary, remote work options, and extensive benefits detailed in our remuneration pack.
- Why this job: Be part of a dynamic team making a real impact on housing in London while growing your career.
- Qualifications: Ideal for RICS members or those eligible through accredited degrees or experience in valuation/viability.
- Other info: Opportunity for growth within a supportive environment focused on professional development and community impact.
The predicted salary is between 46000 - 59000 £ per year.
Town Hall
160 Whitechapel Road
LONDON
E1 1BJ
Chartered Surveyor / Development Viability Officer
Salary & Benefits: We are offering a salary between £52,674 – £59,772 (experience dependant – reviewed bi-annually with annual increment) Our additional benefits are exemplary and unrivalled – see remuneration pack within the role on our website for full details.
Contract: Permanent with growth potential in post.
Eligibility: Applicants must be either be a member of the RICS or eligible to become by way of academia (undergraduate/post graduate RICS accredited degree/masters – or through the experience route.
Location: London (Whitechapel) and remote working
Background
The housing crisis is an ongoing issue within the UK and more specifically within Greater London. The need to accommodate thousands of individuals and families on housing waiting lists across the capital continues to grow rapidly creating an urgent need in seeking to maximise the affordable housing contributions made by developers as part of new development schemes.
To meet this urgent need requires a consistent delivery of both private and affordable housing across the whole of the London. It is therefore critical that a well-planned and coordinated policy base is maintained, and that this is implemented consistently and robustly. To this end, Development Viability plays an integral part within the planning process and the delivery of affordable housing/developer contributions.
The Team – Tower Hamlets Viability (THV)
To ensure Tower Hamlets is best placed to address matters relating to development viability, the council has created a dedicated team to assess development appraisals and provide advice to planning officers and politicians.
THV is an internal council service & a fee earning commercial service providing specialist development viability advice to both the planning department at LBTH as well as other planning authorities (primarily within London). The team holds professional expertise in development viability/valuation and relevant RICS accreditation (qualified chartered status) and is led by Olivia D’Mello-Browning. Experience held within the team is vast with private and public sector backgrounds. THV has also been shortlisted as a finalist in this years Local Government Chronicles (LGC) award 2024 as Small Team of the Year.
Viability Officers/Surveyors are involved in several areas of work including (not limited to):
- Review & negotiate financial viability assessments/development appraisals of mixed-use development schemes from small to very large/strategic development (2000+ units)
- Area wide development viability advice (Local Plan/CIL Charging Schedule)
- Site inspections where required.
- Review mechanisms (Securing effective reviews through s.106 agreements and undertaking assessments at triggers)
- Community Led Housing/Self Build Projects – reviewing viability assessments and assessing affordability.
- CIL Payment in Kind – land valuations/approach advice.
Your responsibilities:
You will play an active role in contributing to the overarching aims of the team and affordable housing ambitions more widely, both in Tower Hamlets and across London. Your everyday responsibilities will comprise (not limited to) the following:
- Gaining a strong, in-depth knowledge of Tower Hamlets and London property/development markets in a planning context and staying up to date with changes to legislation and practice as part of an industry-leading borough.
- Supporting and producing written reports of financial viability assessments (FVAs), supported by viability appraisals prepared using Argus Developer software. This also includes undertaking follow-up assessments triggered by review mechanisms.
- Undertaking site inspections as necessary.
- Providing valuation/viability advice to planning officers to assist with decision making and with negotiating maximum amounts of affordable housing with applicants.
- Forging strong relationships with public sector clients such as planning authorities/councils mainly across London where THV are commissioned to undertake instructions on their behalf.
- Preparing briefing notes for politicians and appearing at Development Committee meetings where relevant to provide viability-specific advice and respond to queries.
- Preparing documents for planning appeals and inquiries and appearing as expert witness where required (Grade L).
- Assisting with procurement and management of Quantity Surveyors feeding into viability assessments undertaken by THV and other Surveyors/Firms for strategic projects such as Local Plan evidence bases, Community Infrastructure Levy (CIL) rate setting, and various Supplementary Planning Documents (SPDs).
- Supporting and providing advice to legal/planning colleagues with respects to securing affordable housing provisions/clauses as part of any legal agreement.
- Supporting and providing Ad-Hoc viability/valuation advice relating to any matter within the council.
Is this role for me?
This is a mid-senior post in a dynamic team, and therefore ideal for candidates soon to be or recently RICS qualified (MRICS status who qualified via the Valuation, Commercial Property or Planning & Development pathways is ideal) or for those with existing experience able to quickly take responsibility for their own casework. In any case, working for a busy borough such as Tower Hamlets allows for exposure to complex and interesting projects throughout the year and across the capital.
The post accommodates a wide range of potential candidates but would be suited for:
- Someone with experience in valuation/viability currently undertaking the RICS APC elsewhere and looking for a change.
- A recently qualified valuation surveyor looking to further their career in development viability/valuations.
- Qualified professional with knowledge/experience of valuations/viability.
Please seek to apply for the grading that is suitable to your circumstance as your application will be considered against the requirements of the respective grade applied for. Grade K will have its own assessment criteria as well as Grade L. There is opportunity for growth in post as well as in the team where opportunities arise. If you would like to discuss eligibility, please contact us on the details below.
The Package/Benefits
The council is determined to employ and more importantly retain valued members of the team. Given that we offer so much by way of additional benefits we have set out the full and extensive list within the remuneration pack (attached/available on our website apart of the role). From excellent pay scales, training and support we’ve not missed anything out. Our aim is to have staff feel confident in their roles and recognised for their continuous efforts.
Apply
This is a fantastic opportunity with outstanding benefits so apply today via the council’s recruitment portal (Alvius).
We strongly advise you to read “Advice for Applicants 2024” carefully before applying. This can be found on our website apart of the role and will be the best form of guidance when creating an application.
Tower Hamlets vision for our borough is that: people are aspirational, independent and have equal access to opportunities; we are a borough that our residents are proud of and love to live in; and we are a dynamic, outcomes-based council using digital innovation and partnership working to respond to the changing needs of our borough. We want people who aspire to our TOWER values: Together; Open; Willing; Excellent; Respect.
Tower Hamlets has a zero-tolerance approach to, and works to eradicate, all forms of discrimination on the basis of race, sex, disability, age, religion or belief, sexual orientation, gender reassignment, marital status, status as a civil partner, gender, gender identity, gender expression, pregnancy and maternity and looks to employ a diverse workforce representative of those groups. We recognise that people can also be disadvantaged by their social and economic circumstances, so we will work to eliminate discrimination and disadvantage caused by social class.
We welcome applicants interested in flexible working arrangements and also applicants who live in the borough.
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Chartered Surveyor / Development Viability Officer employer: Tower Hamlets Council Pension Fund
Contact Detail:
Tower Hamlets Council Pension Fund Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Chartered Surveyor / Development Viability Officer
✨Tip Number 1
Familiarise yourself with the housing market in Tower Hamlets and Greater London. Understanding local trends, property values, and recent developments will help you demonstrate your knowledge during interviews and discussions.
✨Tip Number 2
Network with professionals in the field of development viability and planning. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role.
✨Tip Number 3
Stay updated on changes in legislation and best practices related to affordable housing and development viability. This knowledge will not only enhance your expertise but also show your commitment to the role during interviews.
✨Tip Number 4
Prepare to discuss specific case studies or examples from your past experience that relate to financial viability assessments or negotiations. Being able to articulate your hands-on experience will set you apart from other candidates.
We think you need these skills to ace Chartered Surveyor / Development Viability Officer
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description. Understand the responsibilities and qualifications required for the Chartered Surveyor / Development Viability Officer position, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in development viability, financial assessments, or property markets. Use specific examples to demonstrate your skills and how they align with the role's requirements.
Showcase Your Qualifications: If you are a member of RICS or eligible to become one, make sure to mention this prominently in your application. Include details about your academic background and any relevant certifications that support your candidacy.
Tailor Your Application: Customise your cover letter to reflect your understanding of Tower Hamlets' housing challenges and how you can contribute to their goals. Mention your familiarity with local planning policies and your commitment to affordable housing initiatives.
How to prepare for a job interview at Tower Hamlets Council Pension Fund
✨Know Your Stuff
Make sure you have a solid understanding of the housing market in Tower Hamlets and London. Familiarise yourself with current legislation and planning policies, as well as the specific challenges facing affordable housing in the area.
✨Showcase Your Skills
Be prepared to discuss your experience with financial viability assessments and development appraisals. Highlight any relevant software skills, particularly with Argus Developer, and be ready to provide examples of your past work.
✨Build Relationships
Demonstrate your ability to forge strong relationships with public sector clients. Share examples of how you've successfully collaborated with planning authorities or other stakeholders in previous roles.
✨Embrace the Values
Familiarise yourself with Tower Hamlets' TOWER values: Together, Open, Willing, Excellent, Respect. Be ready to discuss how you embody these values in your professional life and how they align with your approach to work.