Casting this one out to the wider community in case anybody has any experience of this.
I own a property in South Wales which I rent out. I've owned it for the past 12 years since it was newly built, and it has been rented to the same tenant for almost all of this period.
Now it appears that they plan to re-route the M4 to make it bigger, and the new route will run very close to the property. Numerous no win no fee solicitors have started contacting me advising that if they proceed with the plan then I would be entitled to compensation.
I'm not looking to profit from this, but the property was only ever bought as an investment, so I have no emotional attachment to it, just a financial one, and I suspect that the new M4 route could bring as many positives as negatives.
Has anyone here any experience of such things? I'm not really sure if I just have to wait to see what happens, or if I have to make a claim?
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New M4 South Wales compensation? new