One of the most interesting consultations for some time was published yesterday by CLG. This takes forward the 2014 Budget promise of a pilot to test the concept of some of the "benefits of development" being passed on directly to local households. The idea was one of  the Conservative's pre election promises - and indeed if you go back 10 years, you'll be reminded that Kate Barker recommended that the Government should pursue measures to enable local communities to share in the land value uplift which comes about on the grant of planning permission.

Bids for pilot status are invited from local planning authorities and from those bringing forward neighbourhood plans. The scope for "unintended consequences" is recognised by the consultation - but I did not take from the paper any clarity on where the cash comes from to pay the benefits. If the intention is that these payments would derive from the permitted scheme, then land value seems the most likely "pot" to be called on.

Lots to think about......