Transport for London (TFL) recently released their proposed route for Crossrail 2, a new rail link between Surrey and Hertfordshire. The route shows where surface property interests would be required for work sites, ventilation shafts and stations. If your property is situated in one of these areas, you are likely to be affected by compulsory purchase and would qualify for compensation.
These surface interests are in the safeguarded area – a legal planning designation. This is significant because it means owners (including some commercial tenants) may qualify now for serving a blight notice on Crossrail 2. This would effectively bring the compulsory purchase process and compensation forward on the your terms and timings. This is an invaluable mechanism if you are considering relocating your business or home in advance of anticipated compulsory purchase.
In acting for you, we can protect your interests and negotiate for you, ensuring you get the best value out of the compulsory purchase process. Our team has invaluable experience of the first Crossrail project, acting for both claimants and the acquiring authority. For an initial obligation- and cost-free meeting, please get in contact.