The Compulsory Purchase Association invite you to attend
The CPA's Annual Law Reform Lecture 2018
Emerging Land Value Capture Schemes Using Compulsory Purchase At Restricted Value
Thursday 26 April 2018
CBRE, St Martin's Court, 10 Paternoster Row, London, EC4M 7HP
Registration from: 16.15. Event starts at: 16.45. Event finishes at: 18.45 Followed by a drinks reception
THIS EVENT IS NOW FULLY SUBSCRIBED (BUT WE ARE OPERATING A RESERVE LIST. SEE BELOW)
The UK domestic political focus is centred on the delivery of new homes and is seeking a more effective means of land value capture.
Elsewhere, proposals include the acquisition of land at existing use value, ignoring hope value and potentially even ignoring the value attributable to any existing planning consents.
Whilst such proposals may appeal to politicians, interest and lobby groups;
- Does this represent sound planning policy?
- Does it fit within, or undermine, the current CPO code?
- Do the proposals really capture land value?
- Will such policies expedite housing delivery?
- Where do such proposals fit in the context of Article 1 of Protocol 1 of the European Convention on Human Rights?
Richard Harwood OBE QC, a leading planning silk will give the lead paper in the 2018 law reform lecture and will address these issues.
Richard specialises in planning, environment and public law, acting for developers, landowners, central and local government, individuals and interest groups. Voted as one of the top ten Planning Silks in Planning magazine’s surveys, he has appeared in many of the leading cases of recent years.
This paper will be followed by a panel discussion to include views from the housebuilding sector and advocates for ‘use it or lose it’ powers. The panel will also consider alternative approaches to land value capture and other proposals focused on housing delivery.
Programme - 2 CPD Hours:
16.15 - Registration
16.45 - Welcome and Introduction - Jonathan Stott, Managing Director, Gateley Hamer, and Vice Chair of The CPA
16.50 - Lead Paper by Richard Harwood OBE QC, 39 Essex Chambers
17.50 - Question, Answer and Panel Session
Richard Harwood OBE QC, 39 Essex ChambersPaul Astbury, Director, Carter JonasPhilip Barnes, FRTPI, FRICS, Group Land & Planning Director, Barratt Developments Plc
18.45 - Drinks and Canapés
20.00 - Close
Post event feedback
- Almost 100 professionals who operate within the compulsory purchase arena (including surveyors, lawyers, barristers, and accountants) attended the CPA's annual law reform lecture on 26th April 2018. Whilst there was debate as to different options for land value capture, when asked there was no support amongst the attendees for value to be capture by changes to assessment of compulsory purchase compensation.
- Concerns were raised that paying existing use value,
rather than market value under the current system, for land or property could
impact the chance of a compulsory purchase order being confirmed given the
human rights implications.
- The existing use value, rather than market value,
approach to compensation is likely to stimulate greater objection to compulsory
purchase. This would result in greater
risk to project delivery, delays, and the possibility that some schemes would
simply not be brought forward. This
would have the opposite effect to what the government is trying to achieve in
bringing more land forward for development.
The CPA is grateful to CBRE for providing the venue for this event
The CPA is grateful to Burges Salmon for supporting this event