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The paper describes the development and application of physical-financialmodelling techniques to the analysis of relations between development design –covering the broad characteristics of a scheme, such as land use mix, developmentdensity and built form – and financial viability. It is divided into two parts

Acknowledgements

This paper is based on work undertaken as part of the URSULA project (see ) funded by the Engineering and Physical Sciences Research Council (grant number EP/F007388/1). The authors are grateful for EPSRC's support. The views presented in the paper are those of the authors, and cannot be taken as indicative in any way of the position of URSULA colleagues or partners or of EPSRC. All errors are those of the authors alone.

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