Menu
09/04/2014
HS2 Compensation Announced For Homeowners
A new set of compensation packages for homeowners and businesses who will be located near the HS2 high-speed rail link have been unveiled.
The packages will be made available – even if those affected do not want to move from their property or premises, it is understood.
Under the new plans, the state would buy properties within 60 metres of the line at their full market value plus 10%. For homes up to 120 metres away, who do not want to move, they would be eligible for a payment of 10% of the home's value.
The changes are to be consulted, but are expected to be in force from next year.
For homes and small businesses up to 60 metres of the line, it is thought the state would buy up properties at the full unblighted market value, plus 10% (up to £47,000). For those within 60 and 120 metres of the line, again who do not wish to sell, the government would pay out a cash compensation of 10% of the market value, up to a maximum of £100,000. While those located within 120 and 300 metres would be offered between £22,500 to £7,500 on a sliding scale, based on distance from the line. The payments are said to be tax free.
Transport Secretary Patrick McLoughlin is quoted as saying: "I completely understand the concerns and anxieties of those living near the line and it is only right that those people are properly looked after.
"I believe this package of compensation and assistance will enable us to help people more. But I want to get it absolutely right, so I am asking for further views on some aspects before we finalise plans."
(CVS/JP)
The packages will be made available – even if those affected do not want to move from their property or premises, it is understood.
Under the new plans, the state would buy properties within 60 metres of the line at their full market value plus 10%. For homes up to 120 metres away, who do not want to move, they would be eligible for a payment of 10% of the home's value.
The changes are to be consulted, but are expected to be in force from next year.
For homes and small businesses up to 60 metres of the line, it is thought the state would buy up properties at the full unblighted market value, plus 10% (up to £47,000). For those within 60 and 120 metres of the line, again who do not wish to sell, the government would pay out a cash compensation of 10% of the market value, up to a maximum of £100,000. While those located within 120 and 300 metres would be offered between £22,500 to £7,500 on a sliding scale, based on distance from the line. The payments are said to be tax free.
Transport Secretary Patrick McLoughlin is quoted as saying: "I completely understand the concerns and anxieties of those living near the line and it is only right that those people are properly looked after.
"I believe this package of compensation and assistance will enable us to help people more. But I want to get it absolutely right, so I am asking for further views on some aspects before we finalise plans."
(CVS/JP)
Related UK National News Stories
Click here for the latest headlines.
26 February 2013
MPs Criticise West Coast Main Line Franchise
The Department for Transport's handling of the West Coast Main Line franchise deal, which will cost taxpayers "£50m at the very least", has been described as a “complete lack of sense”.
MPs Criticise West Coast Main Line Franchise
The Department for Transport's handling of the West Coast Main Line franchise deal, which will cost taxpayers "£50m at the very least", has been described as a “complete lack of sense”.
02 March 2011
Green Light For New Trains Gives Boost
Scotland, Wales, northern and south west England are to get a fleet of new trains and more reliable rail links to London, creating thousands of jobs, boosting the economy and improving services for passengers, Transport Secretary Philip Hammond has said. He gave the go-ahead for the £4.
Green Light For New Trains Gives Boost
Scotland, Wales, northern and south west England are to get a fleet of new trains and more reliable rail links to London, creating thousands of jobs, boosting the economy and improving services for passengers, Transport Secretary Philip Hammond has said. He gave the go-ahead for the £4.
21 October 2009
Man Arrested Over 1995 Murder
Police investigating a 14-year-old murder case have arrested a man on suspicion of her murder. Vikki Thompson, a 30-year-old mother-of-two from Ascott-under-Wynchwood, Oxfordshire, was found badly beaten and unconscious by the side of a railway line near her home on August 12, 1995.
Man Arrested Over 1995 Murder
Police investigating a 14-year-old murder case have arrested a man on suspicion of her murder. Vikki Thompson, a 30-year-old mother-of-two from Ascott-under-Wynchwood, Oxfordshire, was found badly beaten and unconscious by the side of a railway line near her home on August 12, 1995.
15 September 2009
Brown Discusses Spending 'Cuts'
Prime Minister Gordon Brown has told union leaders government spending 'cuts' are necessary. Until now Labour ministers have stopped short of outlining 'cuts', as part of a wider drive to reduce public expenditure, and bolster the indebted state purse.
Brown Discusses Spending 'Cuts'
Prime Minister Gordon Brown has told union leaders government spending 'cuts' are necessary. Until now Labour ministers have stopped short of outlining 'cuts', as part of a wider drive to reduce public expenditure, and bolster the indebted state purse.
13 October 2005
Northern Line tube line shut due to brake failure
Passengers who use the Northern Line tube service face major disruptions today after the service was suspended due to safety concerns. Yesterday, unions called for the line to be closed when a London Underground (LU) train which passed a signal at red experienced an emergency braking system failure.
Northern Line tube line shut due to brake failure
Passengers who use the Northern Line tube service face major disruptions today after the service was suspended due to safety concerns. Yesterday, unions called for the line to be closed when a London Underground (LU) train which passed a signal at red experienced an emergency braking system failure.
-
Northern Ireland WeatherToday:A cloudy morning with a few showers at times. Becoming dry in the afternoon and staying mainly cloudy, but some sunshine breaking through particularly in the east. Maximum temperature 16 °C.Tonight:Quite cloudy across all counties at first but clear spells most likely towards Down and Antrim, becoming widespread through the evening and overnight. Minimum temperature 5 °C.
