Briefing: The case for enabling acquiring authorities to purchase land for strategic development under a special CPO compensation code

By: Rose Grayston  Published: May 2017


Shelter briefing making the case for a special CPO compensation code to apply to land identified for strategic infrastructure and housing developments.

Summary

This briefing proposes a special CPO compensation code to release land into strategic developments at lower values. This would unlock a funding stream of £8.6 billion a year, enhancing the viability of residential developments so that the UK can build the affordable, high-quality homes we need. The measure would also give acquiring authorities a powerful new tool to incentivise public and private landowners to co-operate with plans to build infrastructure and new homes, simplifying the CPO process and speeding up the pace of development.

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