At the recent Labour Party conference, RICS launched a second edition of Surveyors advising in respect of compulsory purchase and statutory compensation. Effective from 23 December, the professional standard sets mandatory requirements for members advising on this area of practice.
With ambitious government plans for a ten-year infrastructure strategy, as well as a target for building 1.5m homes in England during this parliament and proposed reforms to the National Planning Policy Framework, there may be an increased use of compulsory purchase powers.
As both government and the Law Commission are reviewing compulsory purchase orders (CPOs) to simplify and update CPO laws, the standard becomes even more important. RICS has been involved in working with the Law Commission on its review.
RICS members provide essential advice and act on behalf of acquiring authorities and claimants. The standard sets out 21 mandatory requirements for professional behaviour and competence to ensure that all members adhere to best practice.
Among other refinements and updates, this edition clarifies the link between this area of practice and the need for all those carrying out any valuation-related work to adhere to RICS Valuation – Global Standards (Red Book Global Standards).
Chair Virginia Blackman has been working with the RICS CPO advisory group on initiatives such as the recently updated guidance from the Ministry of Housing, Communities and Local Government on the compulsory purchase process. Other bodies also contributed their views to this guidance, including the Compulsory Purchase Association, Valuation Office Agency, Planning Inspectorate and Homes England.
