Posts Tagged ‘Basements’

Basement excavations & damages for loss of value

November 29, 2012  |   Basements,Party Wall Blog,Party Wall Moot   |     | ?>

Basement excavations are becoming increasingly popular in London and the South-East, and I am often asked to advise on the impact the works may have on the value of adjoining premises. This issue arises particularly where the basement is to be constructed in such a way that it might prevent future development of neighbouring properties. [pullquote_right]... loss of value to a property caused by a neighbouring basement excavation could be recoverable ... [/pullquote_right]

Party walls and “raising downwards”

September 27, 2012  |   Basements,Party Wall Blog   |     | ?>

This post started life as part of a discussion on LinkedIn, but I thought the subject deserved more lengthy treatment. An unfortunately common idea, particularly in relation to basement excavations, is that a building owner can "raise a party wall downwards”. It is often used to avoid the absolute restriction on special foundations without the adjoining owners consent in section 7(4) of the Party Wall Act. [pullquote_right]...the ...