Compulsory Purchase Specialist
Protecting Your Right to Fair Compensation
What is a Compulsory Purchase Order?
A Compulsory Purchase Order (CPO) a method of forced property acquisition where it would otherwise not be possible to purchase the property by agreement. A compulsory purchase order provides the right for the body with the compulsory purchase powers (known as an acquiring authority) to force the homeowner, business owner or landowner from their property on a set date without their agreement. The party whose property will be ‘taken’ has no control over the date or the compensation the purchaser will pay for the property or business on that date.
This can obviously be a very stressful experience for those affected. Olden Property Consulting provide clear professional advice to our clients to ensure they understand this complex process every step of the way. We aim to relieve this stress from our clients lives by educating and removing a lot of the jargon used. We also reduce a lot of stress by acting as the main point of contact with the acquiring authority throughout the process and reporting back to our clients regularly.
“I try to take the fear out of compulsory purchase, which for claimants is the fear of the unknown. The phrase ‘the threat of a CPO’ is a common one in the world of compulsory purchase but is sometimes taken too literally by developers and councils. When a claimant has not taken advice or has taken advice from a surveyor who doesn’t specialise in CPO then the fear of the unknown will remain. I am confident I can explain the jargon in simple terms, provide clear strategic advice in relation to your case and ensure you receive the best settlement possible within the statutory rules.” Tom Olden MRICS
The sentiment set out in a recent blog written by Tom Olden, The Art of the Deal – Don’t be Bullied, will seem very familiar to those visiting this site affected by compulsory purchase.
For helpful government guidance relating to the CPO process please follow the links at the bottom of this page.
The Role of Your Compulsory Purchase Surveyor
Tom Olden acts as a surveyor/valuer on behalf of people affected by compulsory purchase (known as claimants). The role of a compulsory purchase surveyor is to advise claimants on the entire compulsory purchase process from the date the first letter comes through your door, to the date the acquiring authority takes possession of the property, through to the date the final compensation settlement is agreed. Tom will advise on what compensation a claimant is entitled to, including the property value, statutory payments and additional compensation. He will negotiate on your behalf to ensure you receive the best compensation settlement possible. Tom will assist with the search for relocation or reinvestment property and act as an expert witness if the case goes to Tribunal. Advise on the appropriate way to object to a CPO.
“My role is to take the stress (as much as possible) from the people affected by this unique occurrence and keep them informed every step of the way. More importantly my role is to act on behalf of the claimant to ensure they are fully and fairly compensated for their forced sale of their property or business.” Tom Olden MRICS
Why Use Olden Property Consulting
Tom set up Olden Property Consulting so that claimants are provided with the same level of advice that is afforded to acquiring authorities. Tom is passionate about ensuring claimants receive fair compensation and negotiates tirelessly on their behalf to ensure they do.
Tom deals with every case personally. Therefore, claimants who instruct Olden Property Consulting know their claim is being handled by a highly experienced compulsory purchase surveyor, it will not be passed to a trainee or recently qualified colleague. Consistency of advice and knowledge of the history of a case is invaluable. One point of contact – one source of knowledge throughout the process.
Tom is a Member of the Royal Institution of Chartered Surveyors, a Registered Valuer and is a member of the Compulsory Purchase Association. He has been advising people affected by compulsory purchase since 2006 when he worked on the land assembly for the London Olympics. Since then he has advised countless homeowners, small business owners as well as national retailers and corporates affected by CPO.
If your home or business is impacted by a compulsory purchase order please get in touch. You can contact us either through our Contact Page, email us at firstname.lastname@example.org or call us on 020 7112 8073. We would be happy to have a 30-minute free of charge discussion about your case and suggest steps you need to take.
Further Information Relating to the Compulsory Purchase Process