Judicial Review is the legal process by which members of the public may challenge the lawfulness of a decision made by a Public Authority.
This includes decisions made by Local Planning Authorities, therefore allowing local residents to ask a High Court Judge to consider the legality of the Planning Consent.
Applications for a Judicial Review will generally be accepted by the High Court up to 3 months after the planning decision, although an extension in time may also be granted at the courts discretion.
The court lodgement fee required to for a Judicial Review is just £50 and if successful the planning will be overturned.
JRI is a single premium insurance which provides Cover against Financial Losses in the event that a Judicial Review Challenge of the planning permission is successful.
Property development is not only risky, but timing is crucial for the success of any development. Holding a consented site for a further 3 months while you wait for a JR Challenge which may or may not happen is not an option and therefore JRI will enable a developer to commence work on site as soon as planning is granted.
JRI benefits developers by creating financial certainty, reduces risk and will enable key delivery targets to be met. The peace of mind JRI gives is also essential for bank funding and investment.