Land

Meeting: 
MQT on 2015-03-25
Session date: 
March 25, 2015
Reference: 
2015/0931
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

While the Mayor has focused heavily on public sector land, does the Mayor believe the efficiency of the market for private land in London could be improved and, if so, how?

Answer

Answer for Land

Answer for Land

Answered By: 
The Mayor

It is right that I have focused on bringing surplus public sector land into productive use because of the 670 hectares of land that the GLA inherited in 2012. Over 90% of this has now either been disposed of or is being actively marketed. The creation of the London Land Commission, based within the GLA, will enable us to do even more. 

The London Land Commission will not be limited in remit to public land and I am keen to use my powers to accelerate development wherever possible, including by acquisition of currently private land, where appropriate and strategic.

I also welcome the Government's recent consultation on improving the compulsory purchase process and believe that such steps could make a positive impact on the market for private land by reducing speculation.