Select committee: Housing, Communities and Local Government Committee
Recommendation 4
3rd Report: Building more social housing
Published 27 Jul 2020
Paragraph 36
Addressed to Ministry of Housing, Communities and Local Government
Housing, Communities and Local Government Committee Long-term delivery of social and affordable rented housing All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Recommendation (the committee's words)
Reform of the Land Compensation Act 1961 is well overdue. We reiterate the recommendations of our predecessor Committee. The Government should amend the Land Compensation Act 1961 so local authorities and development corporations have the power to compulsorily purchase land at a fairer price. The present right of landowners to receive ‘hope value’ reduces revenues and opportunities for social housing. Compensation paid by landowners should be determined by an independent expert panel, which we expect will deliver a fairer deal than the current model.
From: Housing, Communities and Local Government Committee, 3rd Report: Building more social housing (HC 173), paragraph 36, 27 July 2020
Government response
The government responded to the whole report on 14 October 2020 (deadline 27 September 2020).