Does market value for owner occupiers affected by demolition mean for the duration of the period needed to complete the Regeneration, or will it change as things move along?
Things will change as time moves on. This can mean that property values could increase if your home is near to a development area. Will I get full market value AND compensation? Yes. Sedgefield Borough has stated that no owner occupier or tenant should be left out of pocket in this process. Will I get the value of my conservatory / extension / kitchen on top of the value? The Council aims to give all owner occupiers affected market value for their home. If an improvement to a property has added value to that property then this should be reflected in the value. How much are other people getting for their houses? As above people will get market value for properties. I am worried that my house will not be valued at market value but well below that. I have heard rumours that your values are very low. The Council aims to give all owner occupiers affected market value for their home. The values will be different for each home, and we cannot comment on individual prices as this is confidentia
Related Questions
- Does market value for owner occupiers affected by demolition mean for the duration of the period needed to complete the Regeneration, or will it change as things move along?
- My propertys market value has gone up considerably from what it was. Does this mean my taxes will also increase?
- How have stable value funds been affected by recent market turmoil?
