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Policy

Land and Property Sales

Asset Sales Land and Property Sales

Policy:

A strategic sale from UK government vast portfolio of underused and not used land and buildings could generate an estimated £10 Billion.

The UK government owns a vast portfolio of underused and not used land and buildings. From empty offices to old military bases, these idle assets are a drain on resources and represent a missed opportunity. A strategic sale of these properties could generate an estimated £10 Billion—capital that could pay down national debt.

This is also smart asset management. Take HM Prison Winchester, which sits on prime real estate. Selling the land could fund a modern, purpose-built prison in a more suitable location, freeing up valuable land for new homes while improving the justice system.

The opportunities are nationwide:

Ministry of Defence Land: The MoD is one of the UK's largest landowners. Selling off former barracks and airfields like RAF Scampton is a clear opportunity.

Surplus NHS Property: As the NHS modernises, it leaves a trail of old hospitals and clinics. These can be sold to fund new, state-of-the-art local health hubs.

Underused Government Offices: With the rise of remote work, and staff reductions, empty government offices in prime city-centre locations are ripe for sale and conversion into housing.

Home Office Property: Outdated prisons, courts, and police stations on valuable urban land can be sold to fund modern, efficient facilities.

This is a common-sense approach: turn costly, idle properties into valuable public funds, reduce the National Debt and pay less interest every year.

National Debt Reduction of £-10 Billion