On the 19th October 2017 the Committee announced the launch of a new Inquiry.
Scope of the inquiry:
The Communities and Local Government Committee (CLG) Committee is to examine the effectiveness of current land value capture methods and 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 and other factors.
The Committee is inviting written submissions on the following points:
- Are current methods, such as the Community Infrastructure Levy, planning obligations, land assembly and compulsory purchase adequate to capture increases in the value of land?
- What new methods may be employed to achieve land value capture and what examples exist of effective practice in this area, including internationally?
- What are the possible advantages and disadvantages in adopting alternative and more comprehensive systems of land value capture?
- What lessons may be learned from past attempts to capture the uplift in value?