When assessing the value of land compulsorily purchased, the value was that agreed at the date of entry. The existence of a mortgage was not relevant. The authority had a power, but no duty, to repay any mortgage loan, and were not accountable for any interest accruing for any delay. That loss did not flow from the compulsory purchase order.
Citations:
Gazette 11-Aug-1999, Times 28-Sep-1999, [1999] EWCA Civ 1990
Links:
Jurisdiction:
England and Wales
Land
Updated: 31 May 2022; Ref: scu.146905