For any land assembly project that requires compulsory purchase powers, it is important to ensure the property cost estimate is as accurate as possible. Often around half of the compensation paid is not related to the value of the property.
Ardent’s expert team of Valuers and compulsory purchase specialists can provide a detailed estimate of compensation due, based on a number of factors such as values of properties, loss compensation payable and the potential trade disturbance compensation based on the trading history of businesses which may have to relocate or close down.
No property cost estimate can ever be exact so we provide a risk report identifying and managing the potential budgetary risks to help deliver a scheme.
When providing any property cost estimate, Ardent uses its expertise to give a detailed and honest appraisal of the likely costs which proves a vital document during the preparation for making or pursuing compulsory purchase powers.