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Compulsory purchase rights re: benefits
Comments
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Could it be that before your mother was widowed the savings divided between them meant they were below the threshold affecting benefits. Now that your mother has inherited the other half the savings could be at a level to affect benefits.
My father has an annual assessment from the local authority regarding payment of his care fees so maybe it is a year since your mother's last assessment.0 -
PasturesNew wrote: »One of the problems with a lot of these CPO cases is that the money received is nowhere near enough money to buy another house anywhere.
e.g. you might receive £50k, they knock down your house and build £150k houses on the spot - and all other houses within 50-100 miles are £80k.
There was even a programme about this on the telly - giving the actual figures and interviewing people in these areas who were being CPO'd but were hanging on because the money couldn't buy them anything anywhere.
Done massively in East Manchester, Salford and many other areas in the Uk.
Part of nulabour's "monetry cleansing"0 -
you get the market price of the house plus 10%. why not just buy another house of the same value?
Because they don't give you real market value. They tell you your family home is worth 43k when you can't buy another house within a few miles of the area for less than 120k.
As someone else has said they then build houses costing much more on the site.
If CPO replaced your house with a new one they built with the same number of bedrooms it would be a much more sensible system. But they don't. They financially cleanse areas of the community.0 -
you get the market price of the house plus 10%. why not just buy another house of the same value?
Because they aren't any - the reason these areas are being cleared (so the people doing it would argue) is because these areas are run down with low-quality housing which has not risen in value in line with average house prices. The market value of these properties is nowhere near enough to buy another property of similar size in a nearby area.0 -
p00hsticks wrote: »Because they aren't any - the reason these areas are being cleared (so the people doing it would argue) is because these areas are run down with low-quality housing which has not risen in value in line with average house prices. The market value of these properties is nowhere near enough to buy another property of similar size in a nearby area.
Your generalising. Houses get CPO'd for all sorts of reasons. I know people who got CPO'd because a motorway was going to be built where their house lay. The market value + 10% did very nicely for them.
The market value + 10% is designed to give a little better than they have, it is not designed to enable a move to the most expensive roads in the area. Lets face it for a lot of elderly being CPO'd it would be an opportunity to move to a smaller place.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Your generalising. Houses get CPO'd for all sorts of reasons. I know people who got CPO'd because a motorway was going to be built where their house lay. The market value + 10% did very nicely for them.
The market value + 10% is designed to give a little better than they have, it is not designed to enable a move to the most expensive roads in the area. Lets face it for a lot of elderly being CPO'd it would be an opportunity to move to a smaller place.
Entire estates were levelled. There was a TV documentary where they took one and did it up, to prove the existing houses could be remodelled cheaper than building new houses. Much cheaper. But they still insisted on CPOing the houses. And, while all this went on, over years and years, as some were empty and some not, vandals and squatters targetted the area... making any 'market value' more like £20k.0 -
PasturesNew wrote: »But the OP specifically said it was Liverpool. These houses probably sold for £40k, or significantly less.
Entire estates were levelled. There was a TV documentary where they took one and did it up, to prove the existing houses could be remodelled cheaper than building new houses. Much cheaper. But they still insisted on CPOing the houses. And, while all this went on, over years and years, as some were empty and some not, vandals and squatters targetted the area... making any 'market value' more like £20k.
Exactly - and exactly the same is happening in Stoke-on-Trent and probably many other areas that fall under these 'Pathfinder' regeneration schemes as well. The original plan was to clear entire run down areas and redevelop them, but funding has now been pulled halfway through the process due to the cuts, leaving streets of deserted and derelict houses ..... the market value of these properties is generally under £50,00 - little more than they were twenty years ago - and the '+10%' on offer would hardly cover the costs of moving.0
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