The Housing, Communities and Local Government Committee Report published yesterday calls for a greater capture of land value uplift generated through planning consent. 

Though the aims of the Report are laudable, in terms of capturing increased land value to pay for much needed public infrastructure, the reforms could destabilise the land market and turn the taps off landowners bringing forward sites for development and developers willing to develop them.  

At a time when the housing industry is already struggling to increase new housing delivery, reforms could create more problems than they solve. Perhaps MPs would be better off focussing on streamlining the consenting and delivery process for new sites instead...