Compulsory purchase in the wake of coronavirus

Gateley Hamer

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Compulsory purchase is an emotive and controversial option at the best of times for all involved. Add in a pandemic and there are a lot of new challenges to consider. 

Our  on-demand webinar will be lead by experts James Dewey  and Jonathan Stott, who will discuss how coronavirus affects the CPO process and compensation.

What will you learn?

Practical issues:

  • Consultation and negotiations
  • Making documents available for the public to inspect
  • Carrying out inspections and taking possession
  • Relocation of businesses and residents

Compensation issues:

  • The impact on Property Cost Estimates (PCEs)
  • Market value difficulties
  • Alternative uses and planning assumptions
  • Negative equity
  • Advance payment regimes
  • What losses are attributable to what
  • Interest rates

Gateley Hamer is regulated by RICS (Royal Institution of Chartered Surveyors)