Written Question·Ministry of Housing, Communities and Local Government·UIN 18042
Land: Valuation
Tabled: 4 December 2024
Answered: 11 December 2024
Question
Mr Lee Dillon
Liberal Democrat — Newbury
To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential merits of introducing measures to reduce the hope value of land.
Answer
Alex NorrisThe government recently brought into force regulations that provide for the removal of ‘hope value’ from the assessment of compensation in compulsory purchase cases, where there is justification in the public interest. Guidance and a fact sheet on the mea...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 18042) →