With imminent budget announcements looming – and promises to revitalise the infrastructure of the UK – land owners and businesses need to be aware of if and how these projects will affect the value of their land.
Could it be an opportunity?
With an impressive investment of £100bn proposed for infrastructure plans across the UK, with a real focus on development in the North of England to shake up the north/south divide, there has never been such a crucial time for landowners to understand their rights.
The UK has been guilty of underinvestment in its infrastructure network – particularly in the North. As a region we should be embracing the welcome investment that will help transform the northern economy, moving away from our industrial heritage into a more connected and productive community to ensure economic growth.
But be prepared – and seek expert advice.
With infrastructure schemes on the horizon it is important you know how this could affect your land and business and consider not only how to ensure appropriate compensation but also that opportunities are taken.
Engaging in expert advice from the very outset will be vital in helping to ensure you secure the best deal.
As specialists in agricultural, residential, commercial and development land, George F. White have been advising clients for over 40 years. We are experts in providing advice on infrastructure changes from the proposal of road and rail transport links through to broadband and technological advances.
We understand that some schemes can be very difficult for landowners and businesses especially where homes are taken and lost. We never underestimate the personal impact and although compensation can help for some cases it is not always enough. The right advice will help you to understand what problems will occur and help reduce the impact.
When it comes to Compulsory Purchase Orders (CPO), it is essential to seek advice from an experienced and qualified professional, such as a chartered surveyor or solicitor, who will be able to advise on your rights as a landowner and act on your behalf in your best interests.
To find out more contact me or join us at one of our upcoming ‘Planning For Change’ seminars in Tynedale, Penrith, Malton, Wetherby, Alnwick or Scotch Corner, visit www.georgefwhite.co.uk/planning-for-change for full details or to register your place.
Robyn Peat – 07860 487038 / firstname.lastname@example.org