A penalty to prevent the hoarding of undeveloped land has had minimal effect, a European Commission report has revealed.
A vacant site register was introduced in 2018 to encourage owners of idle land, which could be used for housing, to either develop or sell their property.
Owners of sites registered as vacant in January 2019 were subject to a 3 per cent fine based on the market value of the property. The fine has risen to...
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