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.
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.
An investor has pulled out causing our chain to collapse, what can we do?
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.