The latest guidance from the government on the next phase of the HS2 high-speed railway confirms the previous demand that vendors must accept offers within 15 per cent of their property’s un-blighted asking price.
Farmers across the UK are being plagued by authorities taking ownership of their land under hard-to-contest compulsory purchase orders.
The Scottish Land Commission is developing proposals to give local authorities compulsory sale powers for derelict buildings and vacant land.
The Country Land and Business Association (CLA) has condemned a government U-turn on plans to force developers to pay compulsory purchase (CP) compensation to landowners faster.
Approval of a Compulsory Purchase Order by Birmingham City Council is set to unlock the development potential of a major city centre office scheme.
The proposed £80m regeneration of Leicester’s Waterside area has taken an important step forward.
A compulsory purchase order (CPO) granted by Secretary of State has given Leicester City Council the go-ahead to acquire all remaining land and property in the 7.3 hectare site earmarked for the first phase of the Waterside redevelopment.
NFU Scotland has voiced serious concerns over plans to extend the powers of compulsory purchase to cover “sustainable development” under new legislation.
The issue centres on one part of the Forestry and Land Management Bill that covers management proposals and details of plans to devolve powers for Forestry Commission Scotland.
The government has dropped plans which could have allowed HS2’s developer to use compulsory purchase orders to grab valuable land not needed for the railway.
The arrangement may have seen landowners forced to sell more land than necessary to build the high-speed railway which could then have been sold on to developers.
The company that owns Heathrow airport is reported to have said that it will buy 750 homes on the site of its proposed third runway through Compulsory Purchase Orders, and will offer to buy another 3,750 homes nearby if their owners wish.
Farmers hit by compulsory purchase of their land or property may soon receive a fairer rate of interest when their compensation payments are late.
Following a consultation, the Department for Communities and Local Government and HM Treasury have proposed a new penalty interest rate of 8% above base rate for late payments. This is in line with standard government practice.
The current rate of interest on late payments for acquiring authorities such as HS2 Ltd is 0.5% below base rate, so with base rate at 0.5%, those affected typically receive no interest at all on late payments.
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