![]() It’s important to understand that blight notices are extremely rare as the orders that cause people to apply for them are usually justifiable/ for good reason. Important information about blight notices In this case, an authority can illustrate that they have no intentions to acquire the property in the future and can successfully defend their position against a blight notice. Sometimes, the reason for the CPO might be put on hold or cancelled altogether. This commits the authority to acquiring the property on Compulsory Purchase terms and they have 3 years to do so. If the application is successful, a legal notice called a Notice to Treat is served. If the council doesn’t get back to you within two months, the blight notice will go ahead automatically, and the council will have to buy your home. If the application is unsuccessful, the council must also tell you why. Once you’ve sent a blight notice application to your local council, it has to let you know within two months whether or not it will buy your home. How long does it take to get a blight notice? If a Compulsory Purchase Order or similar has already been confirmed by Government, as in, the power to force you to sell has been granted, there is no requirement to show reasonable endeavours to sell. Typically, you have to have tried for around 6 months. You must prove that you have tried to sell the property through a reputable estate agent and have been unable to, unless you substantially reduced its price.If you are a landlord or the property stands empty you cannot apply. Only resident freeholders and leaseholders with at least three years remaining on their lease can qualify.You apply through your local council’s planning department or a chartered surveyor, however there are some requirements you must meet before you apply: What is a blight notice?Ī blight notice forces the acquiring authority to buy your home on Compulsory Purchase Order terms. Put simply, your property now has a restricted pool of potential buyers, which can reduce the value of the property. ![]() This is because many prospective buyers are likely to be put off buying a property if they believe it may be under threat of demolition or will be in an area subject to major changes in the near future.īuyers may also not be able to get a mortgage on a property under threat of a CPO. What is blight?īlight is a reduction in the value of your home because of the threat of a CPO. It may take months or years before they secure these powers if they do at all, but it’s important to do your research and decide what you want to do next. When a CPO is made, the authority can’t force you to sell right away, but they apply to a government department for powers to be able to do so. Improving or installing services, for example electric pylons, water mains, and road or rail improvements.Major building projects, for example, airport expansions, housing developments, or flood defence works.These allow public bodies to force homeowners to sell their property if it obstructs a regeneration/demolition project, or it’s for the “greater public good”. Find your local branch What is a Compulsory Purchase Order and who can get one on my home?īefore we talk about blight, we need to explain a Compulsory Purchase Order (CPO). If you still have questions, don’t hesitate to get in touch with your local branch. From what blight is to how to deal with it, haart can guide you. Have you heard of a blight notice? Don’t worry if you haven’t, our guide is here to help.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |