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Compulsory Purchase - Bolton Marshall Chartered Surveyors Dealing with compensation claims for Compulsory Purchases.

Compulsory Purchase

Compulsory Purchase is when the Government, Local Council or Utility company establishes a legal right to buy or take rights over a private property. Examples of public or private construction projects include housing development, airport expansions, flood defence works, rail or road building projects, electricity pylons and cables, etc.

Compensation

Compensation is paid to reflect the losses and disturbance caused by a compulsory purchase or statutory scheme on an owner or occupier’s property.

Compensation is based on the owner or occupier being returned to a position no worse or better off than if the scheme had not happened and it is up to the claimant to provide any losses as part of a valid compensation claim.

In most cases, the acquiring or statutory authority will pay Chartered Surveyors reasonable fees for negotiating a claim.

Our Surveyors have over 35 years experience of dealing with compensation claims including recent schemes such as Kingsway Business Park Rochdale and the Greater Manchester Metrolink scheme.

We are also able to advise on potential Land Compensation Act claims in respect of loss of value due to the effects of public works such as road widening schemes.

Electricity Pylons

Relevant Contacts

Bolton Marshall is part of Longden & Cook Real Estate Limited Regulated by RICS.
Registered in England and Wales No. 04623528. Registered Office: Victoria Buildings, 9-13 Silver Street, Bury, Lancashire BL9 0EU.
Website: Rochdale Online