The Planning Podcast Ep 040 Capturing hope value an expert discussion

The Labour Party has mooted the idea of compulsory purchase of land for housing by local authorities and amendment of the rules on compensation. It is a complex area. It raises at least these questions: what is the problem which is being targeted; what drives land value and where are they different; how would the proposal affect new settlements, if at all; are there existing mechanisms to achieve the same end; how would land-owner behaviour change; are the CPO and valuation stages the same and what position might an objector take; are there perverse consequences for local plan preparation? That is a long list, and so this is a detailed episode of the Planning Podcast, with three experts: Richard Blythe (Head of Policy and Practice at the RTPI); Paul Brocklehurst (Chairman of the Land Promoters and Developers Federation), and; Christian Hawley, barrister at No5 Chambers joining Richard Kimblin KC to tease out the issues.