The Manor, Happisburgh
With the news from the government this week, does this make the manor a good buy?
Asked on Dec 3 2009,
General in Norwich |
I don't think it makes any significant difference at all-
Firstly, although the announcement of the scheme attracted headlines and rejoicing from campaigners, details are sketchy and the quoted amount of support paltry...
Secondly, it is expected to only apply to properties immediately at risk of 'going over'.
Thirdly, calculating the amount of support to each property owner will probably, in time-honoured government tradition, be long-drawn out, impossibly convoluted and certainly not generous. It can be expected to take into account their (the government's) assessment of the value of a blighted property at the time of purchase (not the asking/purchase price or un-blighted value) and length of ownership. For example, someone who purchased a property when the coast was being protected could expect a better settlement than someone who purchased during the current 'managed retreat' phase, who may actually turn out to be entitled to nothing at all! Many people would consider that fair and reasonable- it is, after all, public funds that will be used!
It looks like The Manor remains a big gamble, with loaded dice.
However, the announcement by the government should certainly be welcomed, and represents a considerable achievement by campaigners.
Answered on Jan 9 2010,
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