Latest Rail News

13.09.13

Greater compensation proposed for HS2

New proposals on compensation for residents who will be affected by the first phase of HS2 have been published.

The Government is reconsulting on proposals following a High Court ruling in March.

A streamlined system of purchasing properties within the safeguarded area and a longer-term hardship scheme could be introduced. Additional proposals include property bonds and a voluntary purchase scheme for rural areas.

The will be no re-consultation on proposals for restoring confidence in the value of properties above tunnels, or how the Government should seek to ensure the replacement of any social rented housing lost as a result of HS2.

Rail minister Simon Burns said: “HS2 is a vital scheme that will help rebalance our economy and generate economic growth. It will free up vital space on our railways for passengers and freight, generate hundreds of thousands of jobs and deliver better connections between our towns and cities.

“However, we will do everything possible to minimise the effect on those living on the route. We are committed to fairly compensating those who are affected and I want to hear views on the generous and comprehensive measures we have set out.

“This is a complex area which we are determined to get right. That is why we pledged to look again at how to help property owners – including consulting on a property bond - and that is exactly what we have done.”

Tell us what you think – have your say below, or email us directly at opinion@railtechnologymagazine.com    

(Route map copyright Arup / HS2 Ltd)

Comments

Niamh   13/09/2013 at 12:15

Has anyone seen this? Shows the reaction to HS2 on Twitter yesterday http://esp.tl/19Objiz

Peter   13/09/2013 at 12:48

So, hands up who would buy a house that is going to be tunnelled under. Nobody ? Half price ? Everything will be fine in twenty years ! Still no ? Thought not.

Nick   14/09/2013 at 20:32

So according to you nobody in say London owns or wants to own a property above a tunnel then ! What about cross rail, the underground or indeed sewers ? All in tunnels

Gabriel Oaks   24/09/2013 at 18:03

Even more compensation for those living close to HS2. Wow! When the flightpaths of an international airport recently changed and the noise went from one or two planes a day over the past thirty years to one every 90 seconds we all got nothing!

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