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How to Buy a Property
Below Market Value
Life is full of surprises and can be going perfectly smoothly one day, before the rug is pulled from under your feet the next. Redundancy, illness and relationship breakdowns are all bad enough on their own, but when they result in you potentially losing your home, too, they can be devastating. What can you do if the happens to you?
We hear a lot of stuff about the Bank of Mum and Dad (BOMAD) in the news, plenty of it negative, but is it such a bad thing?
Regular or casual visitors to the capital cannot avoid the sight of homeless people begging or sleeping rough around stations and in parks, while hundreds of thousands of Londoners can barely afford to rent, let alone purchase, a home...
Legislation in England and Wales allows various authorised bodies to acquire land where you are unwilling to settle via an agreement. A number of acts of parliament set out the process of compulsory purchase and the compensation to which people are entitled to.
So what are the key things you need to know when the authorities want a piece of your land?