Otterpool Park LLP

Otterpool Park Update: Kent Ecological Advice Service query if Biodiversity Net Gain will exceed 20%.

January 30, 2023 // 1 Comment

It can’t be easy wanting to build a new town where you wish to build up to 10,000 homes. It would seem that Otterpool Park LLP, the master developer is running into [...]

Otterpool Park Update: Hidden Agenda’s and Fair Value

October 12, 2022 // 1 Comment

Ever since the first piece of land was purchased by the Council at Otterpool, in Dec 2015, for £5m from the Champney Brothers, the fair value of the land has risen by 540%, [...]

Otterpool Park Update: new Otterpool company set up

September 28, 2022 // 2 Comments

On Monday, The Shepway Vox Team announced who the developers would be to build out phase one of Otterpool Park. Today we can announce a new Otterpool Company; was set up on [...]

Otterpool Park Update: We Name Developers for Phase One

September 26, 2022 // 1 Comment

Exclusive Updated: 26/09/22 @16:43 Back in July when the sun was warm, skies were clear and talk of a drought was sweeping its way across the nation’s media, we [...]

Part 2: Are the Council cooking the books?

August 12, 2022 // 0 Comments

Recently we asked the question: Are Folkestone & Hythe District Council cooking the books? We asked this knowing they do not have the process or procedure within their [...]

Council are acting beyond its powers by giving £16m plus to the two companies it owns

August 8, 2022 // 5 Comments

Folkestone & Hythe District Council have acted beyond their powers (ultra vires) by allowing in excess of £16 million to be paid to companies in which they allege they [...]

Otterpool Park Update: Council release map and cashflow model for Phase 1 of project

July 25, 2022 // 6 Comments

Otterpool Park, the controversial development where Folkestone & Hythe District Council, via its company, Otterpool Park LLP, wish to build up to 10,000 homes, across a [...]

Cllrs need to step up their game understanding council finances.

June 24, 2022 // 1 Comment

In the 10 years Folkestone & Hythe District Council have been publishing their spend data, £179m or 48% of the spend has been on premises related expenditure, as the [...]

Otterpool Park notice of planning application submitted and will be decided by Xmas 22

April 1, 2022 // 1 Comment

Updated: 01.4.22 @21:10 According to a public and legal notice in the Evening Standard, a notice of a planning application for Otterpool Park (Y19/0257/FH) has been [...]

Overview & Scrutiny can ‘follow the council pound’ to discover where the £88 million in borrowing will come from.

February 18, 2022 // 2 Comments

The Council’s Overview & Scrutiny Committee (OSC) has long been the lion which never roared. The OSC can go on site visits, conduct public surveys, hold public [...]

Council needs to borrow £88 million to push forward projects, but fail to explain from where the money will come

February 10, 2022 // 1 Comment

According to data released by the Department for Levelling Up, Housing and Communities [DLHC] the amount of borrowing by Folkestone & Hythe District Council had been [...]

Otterpool Park Update: The Reuben Brothers Mystery and our Public Rights of Way

February 1, 2022 // 0 Comments

Wherever you travel in Sellindge [Kent] you find land earmarked for development, being developed, or land banking by one of these four companies. Cozumel Estates Gladman [...]

Otterpool Park Update: Site had visit from No 10’s Cabinet Secretary

January 11, 2022 // 2 Comments

There have been further developments at Otterpool Park where the council wish to build up to 10,000 homes at a cost of £2.9bn, making a conservative profit of £193m. [...]

Otterpool Park Update: Costs rise to £66 million and not a single house built.

November 19, 2021 // 4 Comments

Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. This above all: to thine ownself be true, And it [...]

Otterpool Park update: Borrowing, hidden soft market testing and a Dodgy man in charge

July 4, 2021 // 4 Comments

To purchase Folkestone racecourse site from the Reuben Brothers for £25 million; which included Monk’s private fishing lake, the council borrowed the money, but [...]

Otterpool Park Update: A consultation & a lack of transparency regarding the LLP

March 24, 2021 // 2 Comments

On Friday 26th March 2021, Otterpool Park LLP will hold two virtual public information and consultation events on phase one of Otterpool Park, which includes the town centre. [...]

Otterpool Park & Quinn Estates interest in Sellindge grows

February 13, 2021 // 1 Comment

Plans to progress Otterpool Park to a revised planning application has been underway for quite some time. As revealed by the bloggers at slurry.org.uk last [...]

Otterpool Park Update: Council envisage £193m profit.

January 13, 2021 // 2 Comments

Updated @18:50 13/01/21 The Council have released the Business Plan for its Otterpool Park Garden Town project, where up to 8,500 homes might be built, if planning permission [...]

Otterpool Park Update: Draft Otterpool Park Business Plan raises more questions than it answers

November 26, 2020 // 1 Comment

The Draft – Otterpool Park Business Plan is a very badly assembled document. It is a low quality document for such a high-value project (£2.7 billon). The person [...]

Otterpool Park Update: Council project £193 million profit for Otterpool

November 24, 2020 // 0 Comments

In a 54 page document, Folkestone & Hythe District Council have set out the Draft – Otterpool Park Business Plan for discussion by the Overview & Scrutiny [...]

Part 1: What do we know about John Bunnett, the man responsible for the £2.7bn Otterpool Park development

November 16, 2020 // 5 Comments

John Bunnett is the man charged with delivering the £2.7bn project we know as Otterpool Park. This development is anticipated to deliver 8,500 homes, in the first phase with [...]

Otterpool Park Update: The Elephant in the Room

November 3, 2020 // 4 Comments

The Otterpool Park Financial Viability Assessment (VA) assumes the development to be 100% debt financed. So having taken the time to look at the VA, and also get the views of [...]

Otterpool Park Update: More property purchased

September 27, 2020 // 1 Comment

While the covid-19 virus has risen and fallen and risen again, those charged with keeping Otterpool Park Garden Town – where up to 10,000 homes may be built if planning [...]

Folkestone & Hythe District Council the gift which keeps on giving

September 24, 2020 // 2 Comments

Data they say, is the new oil. Each month Folkestone & Hythe District Council produce their monthly payment to suppliers data which continues to be a rich seam to drill [...]

Otterpool Park Update

May 26, 2020 // 0 Comments

Tomorrow the Cabinet will meet to discuss report Report Number C/20/02 -which makes recommendations about the Otterpool Park Delivery Vehicle, how it will be structured and [...]

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