Compulsory Purchase Order Time frames
If you are dealing with a Compulsory Purchase then you need to be aware that your compensation claim can be statute barred under Section 10 (3) of the Compulsory Purchase (Vesting Declarations) Act 1981.
You have 6 years from the date that the property interest is vested in the acquiring authority to settle your compensation claim or make a reference to the Upper Chamber (Lands Tribunal) for determination. Failure to abide by these timescales will result in your claim being statute barred.
Whilst you have not lost your compensation right you have no right to oblige payment or determination. In practice, however this means that your claim is lost as acquiring authorities will try and avoid payment if possible.
As an owner affected by a compulsory purchase order you need to be aware of the timescales. Often your retained professional team e.g surveyors and solicitors can forget that the timescales for a statute barred claim is approaching.
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