Bolstered CPO powers for local councils come into force

By Daniel Gayne2024-04-30T11:07:00

Changes welcomed by NHF but controversial among developers

New powers allowing councils to buy cheap land for affordable housing have come into force today.

Historically, local authorities using compulsory purchase orders (CPO) have had to pay for the ‘hope value’ of the land acquired, which represents the cost land could be worth if it was developed upon in the future.

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