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.”
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(Route map copyright Arup / HS2 Ltd)