Member

Under new clause 107, basic and occupiers’ loss payments, which are made to recognise inconvenience, would be increased to the market value of the property, with the result that landowners would be paid the market value twice over for their property, under provisions intended only to recompense inconvenience. We cannot support the new clause because it would result in a reduction in the number of new social homes that it would be possible to provide, as hard-pressed councils, including town and parish councils, would have to pay so much money for these over-the-odds compulsory purchases, and taxpayers would effectively be clobbered to make sky-high extra payments to those with landed interests.