Compulsory Purchase Order

GDB2222

In the only case I have experience of, it was indeed the Council that made the CPO. They had no choice, really, as the estate was dotted with little plots where they were not sure who the owners were, for example sites where there had previously been electricity sub-stations, small bits of land that were not registered. Apparently, there were 17 of these little bits, as well as a few leaseholders holding out, like me. They made a General Vesting Declaration, so they could sweep the whole lot up.

silvercar

Anecdotely, you want to be the last one holding out for the best price or the first one snapping at the bit when the area is in good condition with no abandoned properties.

John_Stiles

My main concern at the moment is that I was told that my mum won't be able to buy a property in someone else's name. And if she leaves it to me or my sister in a will, then when the time comes the property will have to be sold (because I will not be in a position to buy the remaining 25%). I wondered if there is any way around this.

If anyone wants to help with this specific question, please read all of this thread so far.

puddy

i dont understand the difference to you and your sister if she leaves it in a will or whether you buy it. surely in order to leave the house to you and your sister, the house would need to be sold at some point anyway, or are you suggesting that you buy the house in your name only, then your mum gives you the money frm the sale now between you and your sister?

if so, you may get problems if she needs care as she would be seen to have given her money away

if you are saying that you simply buy it in your name (ie with her money), then how does your sister get her inheritance? the house would be yours and you would be under no obligation to sell when your mother dies to give your sister her inheritance. you would also come a cropper if your mother needs care.

GDB2222

John_Stiles wrote: »

My main concern at the moment is that I was told that my mum won't be able to buy a property in someone else's name. And if she leaves it to me or my sister in a will, then when the time comes the property will have to be sold (because I will not be in a position to buy the remaining 25%). I wondered if there is any way around this.

If anyone wants to help with this specific question, please read all of this thread so far.

If your mum is CPO'd, she will get a sum of money, and she can do what she likes with it, including buying 100% of a house outright if she can afford that.

Nobody here can help you with whatever 25% offer the HA is making, because this has nothing to do with CPOs and it's entirely up to the HA what they offer. So, there are no standard details we can advise you on.