Lord Gadhia
Main Page: Lord Gadhia (Non-affiliated - Life peer)Department Debates - View all Lord Gadhia's debates with the Wales Office
(6 years ago)
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Lord Bourne of Aberystwyth
My Lords, my noble friend is quite right that, although there are particular problems associated with London and the south-east, we should not forget that there is a range of problems in rural areas, which differ from area to area. We have the rural exemptions, but we are focused on this, seeking to ensure that in parts of rural Britain people can afford their own home.
Lord Gadhia (Non-Afl)
My Lords, if I may help my noble friend on land value, a report on a review of build out was commissioned by the Chancellor and led by Oliver Letwin, which I was also part of. That was published last Monday at the time of the Budget, and includes specific proposals to address the important issue of land value.
Lord Bourne of Aberystwyth
My Lords, I am grateful to my noble friend. I was aware that it had been published. We are now looking at that and considering how to take it forward. It certainly looks at issues relating to land value and compulsory purchase.