Tuesday, 3 December 2013

Proposed London Airspace Consultation: implications for practitioners

The proposed new air traffic routes have significant  implications for practitioners working in residential conveyancing and commercial property.

The London Airspace Consultation (LAC) will run from 15 October 2013 to 21 January 2014 for stakeholders and the public to view and leave feedback that will help with the modernisation of the UK’s airspace structure.

This consultation is the first stage in a wider programme of proposed changes to deliver the UK’s Future Airspace Strategy (FAS), developed by the Civil Aviation Authority (CAA) with the support of the aviation industry. It will deliver significant benefits, including fuel savings for airlines, which will also mean fewer CO2 emissions, and less noise overall for people living below.

Practitioners need to be aware of the proposals and consider whether it is necessary to make enquiries to establish whether the property or land in question may be affected. While there is a possibility that the scheme will not go ahead, there is still the potential for blight. Lexsure is offering COMPLETIONmonitor clients the ability to conduct a postcode search designed to enable you to determine whether the proposal potentially affects an area in question and provides summary details of the potential effect.

Property or land may be temporarily affected by the new routing and the resultant noise pollution.

Owners of affected property may also find that their close proximity to the new route results in a reduction in the value of their property.

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