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Homes near Heathrow

 
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Joined: 02 Mar 2007
Posts: 474
Location: Palaja (near Carcassonne, Aude)
PostPosted: Wed Oct 21, 2009 2:12 pm    Post subject: Homes near Heathrow Reply with quote
BAA to buy 700 homes near runway
http://news.bbc.co.uk/2/hi/uk_news/england/london/8318413.stm
Quote:
Proposals for the runway have made it difficult for residents in the area to sell their properties.

BAA had refused to commit to buying the homes but has now offered to purchase properties within the area in its Property Market Support Bond scheme.

For a fair price?
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maisondelorb
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Joined: 09 Jan 2009
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Location: Beziers
PostPosted: Wed Oct 21, 2009 6:01 pm    Post subject: Reply with quote
The airport operator said it would also fund legal and removal costs and stamp duty equivalent to the value of properties at the time they are sold to BAA.

That is fair although of course everyones removal costs could be different. It does depend on where they are moving to so I daresay there will be a maximum limit on this.
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