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COLBURN
5 & 6 BAILEY COURT
COLBURN BUSINESS PARK
RICHMOND
NORTH YORKSHIRE
DL9 4QL
Estate Agency Offices are located in
BARNARD CASTLE, BOROUGHBRIDGE & RICHMOND
Residential Management Team
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On what could be the last autumn statement, the Chancellor of the Exchequer; Philip Hammond has announced the long-awaited decision that the remaining single carriageway sections of the A66 are to be considered for conversion to a dual carriageway. The A66 is widely regarded as one of the main links between the Northwest and Northeast of England. However, as most residents will be aware, the road is still a mix of dual and single carriageway sections. The confirmation of the project is part of the Chancellor’s “Northern Powerhouse Strategy” and aims to improve Trans-Pennine connectivity. First estimates show the scheme will need 15 miles of new road, costing in the region of £825 million. This cost will be covered in the Roads Investment Strategy, which provides funding of £15.2 billion for over 100 major schemes to be completed before 2025.
COMPULSORY PURCHASE
If this scheme proceeds, it is likely Highways England will use compulsory purchase powers to acquire land without the need for the owner or occupier’s consent. Nevertheless, they often work hard to cooperate with landowners and tenants and minimise the impact of their works.
Landowners and occupiers will need to be prepared for this scheme as there may be opportunities to challenge the design, influence accommodation works and claim early compensation payments. However, the key is to respond quickly and efficiently to notices.
For example, compensation is normally only payable when the scheme has completed which, as you may be aware from the A1 works, can be many years away. Instead, by applying during a small window of opportunity, it is possible to secure a payment of 90% when access is taken.
PROFESSIONAL ADVICE
Professional fees can be included as part of a compensation claim. As there is no cost to being professionally represented affected parties should appoint an Agent as soon as possible to ensure their best interests are protected.
GSC Grays provide professional advice in respect to all matters of compulsory purchase and land acquisition including:
• Pre-entry surveys
• Access issues
• Preparation of compensation claims
• Early payment of compensation
• Construction compounds
• Accommodation works
If you are concerned about losing land or part of your business to this, or any other scheme, please do not hesitate to contact:
[team-member name=”Chris Thyer”]
Residential Sales
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