Money, housing and land will be discussed next month at a CLA debate in the Thames Valley, entitled Land Value Capture – “What’s it Worth?”
It will take place from 6pm to 9pm on Thursday, 25 April at Aylesbury Waterside Theatre, Exchange Street, Aylesbury, Bucks, HP20 1UG.
The debate is timely for the Thames Valley area, with proposals for the second phase of the Oxford to Cambridge East-West rail scheme, the Oxford to Cambridge Expressway and up to one million homes all being mooted and at various stages of planning and consultation.
Among the many issues on the radar of the CLA currently is land value capture.The idea that government should have the ability to capture uplifts in land values, resulting from the granting of planning permission or the development of infrastructure, is not new.
But it is a topic which has gained in prominence in recent months. In September a report from the Housing, Communities and Local Government (HCLG) Committee concluded that extra funding for infrastructure and affordable housing could be raised by wide-ranging reforms.
The government remains committed to its ambitious target of building 300,000 homes a year, but fears have been raised that if there isn’t enough incentive in the system for landowners to offer potential sites up for development, the ‘housing crisis’ won’t be addressed.
The debate will be chaired by Sir Henry Aubrey-Fletcher, President of the Buckinghamshire branch of the CLA, and supported by Robinson & Hall and Wates Developments. Topics likely to come up include compulsory purchase, how much land values can vary depending on geography and Local Plans.
CLA South East represents thousands of landowners, farmers and rural businesses across Buckinghamshire, Berkshire, Oxfordshire and the wider region.
Regional Director Robin Edwards said: “We held a very successful debate on land value capture in Surrey in October, and this event will cover the very latest thinking on the issue.
“Brexit might be dominating the political agenda, but land value capture is gaining more and more attention.
“It is a very important issue for landowners, developers and wider communities as it could seriously affect house-building in the future.
“With so many development and infrastructure plans in our area, this highly topical debate is not to be missed.”
Speakers will include Tom Bartošák-Harlow, Interim Director of External Affairs at the CLA; Luke Murphy, associate director for energy, climate, housing and infrastructure at the Institute for Public Policy Research; and Chris Williams, chair of the Buckinghamshire & Milton Keynes Natural Environment Partnership.
David Jones, partner in charge of development and land sales at Robinson & Hall, andJohn Tarvit, director of planning at Wates Developments, will also appear on the panel.
The evening will conclude with a drinks reception and canapés. It is free to attend with donations to the CLA Charitable Trust (charity number: 280264). All places must be booked in advance via the CLA website by clicking here.
Media are welcome to attend the debate. To secure a place please contact Mike Sims, CLA communications manager for the South East, on 01264 313434 or email email@example.com