Sorry if its not 100% law related query, as I am new here.
It seems that - in UK cities Compulsory Purchase agreement is enforced quite often by local councils.(Although there's a usual farce of 'Consultation Period' formality & authorities keeping 'everybody informed, very fairly & timely'... Mostly ex-council properties are first to get trapped into this, but looks like it could happen to private property / apartments as well. 1) So, while buying a resale Flat / budget property, how to guess - if the Flat you're planning to buy perhaps could get compulsory repossessed & bulldozed for more profitable regeneration projects eyed by big construction giants (mainly to build similar structure, but to earn massive profit out of it) ?
What are tale-tell signs to identify such properties, in order to avoid them (apart from simple criteria - Ex-council estates or very old building having visible cracks)?
2) And if you're unlucky enough to be the "Private" owner of such property, (who bought the property under private purchase from open-market at market price in the past). How to ensure that- you've given the compensation higher or equal to the amount you paid while buying the property originally. Since, as soon as compulsory purchase news's out, market prices of such properties will be crashing southwards. 3) Does previous property owner given any discount / property swap on the new properties/apartments they build after demolishing existing properties