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high speed train????

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  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    if i say i want to be rehoused into a similar house in the same village it shouldnt really cost me anything
    Unfortunately that's the fair way ... and so that doesn't happen. I have a friend whose parents bought their council flat - and now the whole estate is earmarked to be demolished. What they will be offered will not be enough for them to buy anything in the area whatsoever (or probably anywhere).

    There was a programme on about other estates that are being demolished and those who held on (because they had owned their house outright for years and were probably retired) found the amounts they were offered were about half what they'd need to buy anything similar (or at all) in their town.
  • Sammy85_2
    Sammy85_2 Posts: 1,741 Forumite
    Unfortunately that's the fair way ... and so that doesn't happen. I have a friend whose parents bought their council flat - and now the whole estate is earmarked to be demolished. What they will be offered will not be enough for them to buy anything in the area whatsoever (or probably anywhere).

    There was a programme on about other estates that are being demolished and those who held on (because they had owned their house outright for years and were probably retired) found the amounts they were offered were about half what they'd need to buy anything similar (or at all) in their town.


    Its happening at the moment on an estate at Rowner, near Gosport. They're demolishing it to put a new estate and the residents cant afford to buy anything comparable in the area. Just been on the news recently.
    :jProud mummy to a beautiful baby girl born 22/12/11 :j
  • its been on the news tonight by me and some of the residents are not very happy at all, im just glad we never moved to where the track is planned to go, we looked at houses in the area but they were out of our price range.
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