HS2 Compensations Schemes
In February 2017 Royal Assent was granted for Phase 1 of HS2, thus giving HS2 Limited the necessary compulsory purchase powers to deliver the route.As a result notices will be served on affected land owners.If you fall into this category you will be entitled to claim compensation under a number of heads of claim and in accordance with the Compensation Code.
With regard to Phase 2, whilst the preferred route has been published, it has yet to be finalised.As a consequence HS2 Limited has introduced a number of discretionary compensation schemes.
A summary of the compensation schemes are set out below.More details of each scheme can be provided by clicking each link:
- Compensation in accordance with the Compensation Code.
- Rural Support Zone (RSZ) - Voluntary Purchase or Cash Offer.
- Homeowner Payment Scheme.
- Rent Back.
- Need to Sell.
- Compensation for Properties Above Tunnels.
Phase 2a / 2b
Post Completion of HS2
You may be entitled to claim compensation if the value of your property is negatively affected as a direct result of the operation of HS2.This is a claim referred to as a Part 1 Claim, under Part 1 of the Land Compensation Act 1973.However this may only be claimed 12 months after completion of the route.
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