The House of Commons Communities and Local Government Committee (CLG Committee) is carrying out an inquiry into the effectiveness of current land value capture methods. The CLG Committee will also examine the need for new ways of capturing any uplift in the value of land associated with the granting of planning permission or nearby infrastructure improvements.
The CLG Committee is inviting written submissions on:
- The adequacy of current methods to capture increases in the value of land, such as the Community Infrastructure Levy, planning obligations, land assembly and compulsory purchase.
- New methods that can be used to achieve land value capture and international examples of effective practice in this area.
- Advantages and disadvantages in adopting alternative and more comprehensive systems of land value capture.
In addition, the CLG Committee have asked for comments on the possible lessons learnt from past attempts to capture uplift in value.
The deadline for written submissions is Friday 2 March 2018.
Source: CLG Committee: Land value capture inquiry (January 2018).