Source · Select Committees · Business and Trade Committee
Recommendation 50
50
Current measures for tackling high street vacancies and property ownership transparency are ineffective.
Conclusion
Stronger measures are needed to tackle long-term vacancies and improve transparency in high street property ownership. Beneficial ownership registers were supposed to make it easier for local authorities and communities to bring vacant properties back into use. It is clear, however, that these measures are currently not working as intended. (Conclusion, Paragraph 176)