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Daily Mirror
Daily Mirror
Politics
Dave Burke

Labour plots move to stop councils paying 275 TIMES more than land's value for homes

A Labour government would scrap rules forcing councils to pay massively inflated prices for land so new homes can be built, it is expected.

Shadow Levelling Up Secretary Lisa Nandy is drawing up a radical shake-up of the way land is valued if local authorities want to use it for housing projects.

At the moment councils making compulsory purchase orders - which force landowners to sell - have to pay a "hope value", which is worked out based on future planning permission.

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