The Habitat Bank
Local Planning Authorities
Rely on our considered site selection and robust monitoring
Our commitment
1
Bank site selection
Our bank sites are always appraised and selected based on their relationship with nature recovery networks and key green infrastructure.
Our sites will always seek to deliver multiple benefits through their establishment.
2
Monitoring commitment
A proportion of each unit sale proceed is set aside to fund the monitoring of the bank site throughout its 30 year term.
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Monitoring reports are made available to the LPA to give certainty that the bank site will achieve its target habitat condition.
3
Rigorous self-regulation
We have incorporated a high level of self-regulation and protection into our business model and agreements.
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Further details on this are available below.
Our control measures
Our rigorous self-regulation makes us the perfect partner for establishing bank sites within every Local Planning Authority.
Approvals
We will always seek approval from the LPA to our site selection, baseline assessment work, and
enhancement plans.
Security
We place a proportion of our income into a secured account to fund monitoring of each bank site. This money is ringfenced for the lifetime of the bank site to cover these costs.
Legal agreement
The legal agreement (either a s.106 agreement or conservation covenant) secures the site legally for the 30-year management term.
Contract
Our contract with landowners secures the right to access our bank sites to deal with any shortcomings and achieve the target condition.
Inspections
Our inspection process will identify any issues with the bank site in the early years of establishment and allow us to make necessary adjustments to its management.
Communication
We provide all purchasers of units with regular updates on the progress of the bank site.