Given that we have offices in several areas which are directly affected by the proposed HS2 developments, our conveyancers are very experienced in dealing with all manner of legal work related to the project, such as compulsory purchases, compensation claims and sales through the ‘Need to Sell’ scheme.
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The Government’s HS2 railway development was first proposed in 2010, as a phased series of new high-speed railway lines connecting the north and south of the country.
The programme has been controversial since its inception, and has seen several delays, but is still currently expected to go-ahead with development beginning in earnest in 2020. The line itself is scheduled to be fully operational by 2033.
With one of the new railway lines planned to run directly through Chesterfield, Sheffield and the Midlands, the local area is particularly affected by the programme. The Shimmer Estate, a new build development in South Yorkshire, recently made headlines when residents were informed their homes would need to be demolished only weeks after they moved in, with some houses on the estate still even being under construction.
If you own property or land directly in the path of, or in a close enough proximity to, the proposed line, then the Government will write to you to explain the situation and outline your options. Depending on how close your property is to the HS2 development, there are two potential outcomes:
1) If your property is close enough to the HS2 development that it will require demolition, it will need to be sold to the Government as part of their compulsory purchase programme. Over 900 homes have been sold in this way to-date. Under the programme, the Government will purchase your property from you at its current market value.
2) If your property is not directly in the proposed route for demolition, but is still in a close enough proximity to the HS2 line that it negatively impacts its value, then you may be entitled to compensation for your losses.
Whether you sell your property or claim compensation, both are legal processes requiring the use of a conveyancing solicitor. Fortunately, whatever the outcome, the Government are required to pay for your legal fees, ensuring that there is no cost to yourself.
Alternatively, if you have been trying to sell your property and believe that the proposed HS2 development has made it impossible to find a buyer, then you may be able to apply to sell the property to the Government through their ‘Need to Sell’ scheme. Whilst you would still be liable for your own legal fees and other associated costs in this case, you would receive the full market value of the property, as it would be valued were HS2 not an issue.
Given that we have offices in several areas which are directly affected by the proposed HS2 developments, our conveyancers are very experienced in dealing with all manner of legal work related to the project, such as compulsory purchases, compensation claims and sales through the ‘Need to Sell’ scheme. If you have received a letter from the Government about your property and need to instruct a conveyancer, or have any queries about how HS2 may affect your home, then please do not hesitate to contact us.
We know that moving house is often a very busy and stressful time. This may leave you more susceptible to falling victim to property fraud. This guide outlines useful advice on what you can do to help protect yourself.
Mrs B, MatlockThank you for my Dad's house sale. We were really impressed with the service you gave. The whole process was fast, we never had to chase and you kept us up to date with everything very quickly.
Talk to Banner Jones. We are ready to help you.
The current market and national economy is so uncertain that people may choose to wait and indeed remove their risk by pulling out of the transaction. Although there is no reason not to carry on as normal in terms of the legal process we have to consider slower transaction times or hesitant investors or buyers.
We know that moving house is often a very busy and stressful time. This may leave you more susceptible to falling victim to property fraud. This guide outlines useful advice on what you can do to help protect yourself.
The restrictions on overseas travel has seen a race for UK holiday accommodation. Where property owners look to make money from ‘staycations’ by offering their homes on sharing platforms such as Airbnb, the ease of letting does not take away the responsibility to understand and keep up with relevant rules and regulations.
Mrs B, MatlockThank you for my Dad's house sale. We were really impressed with the service you gave. The whole process was fast, we never had to chase and you kept us up to date with everything very quickly.
Mrs S, ChesterfieldExcellent, speedy, friendly service. Assisted with all my queries and very helpful regarding issues caused by the bank holding the money.
Mrs T, ChesterfieldWill always use Banner Jones for their personal approach, friendliness, expertise and to give you satisfaction
Mr & Mrs S, Old WhittingtonHouse sale was completed without any problems and very professional.
Mrs M, WhittingtonBanner Jones was friendly, helpful, efficient and considerate. My cousin recommended them to me and I will not hesitate to use any of the services they offer when the need arises.
Mr & Mrs W, DanesmoorBuying a House
Good service.
Mrs H, MansfieldEverything went smoothly, no trouble at all. Thank you.
D Gamble, MansfieldJosh was brilliant. Many thanks to you all.
Mrs W, MansfieldExceptional value for money compared to other solicitors. Direct contact with the solicitor and his assistant. Responses were quick. A very good service and would definitely recommend.
Mrs A, ChesterfieldUsed the firm before and will use again. Can't think of a better recommendation!