Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Communities and Local Government, what progress he has made in introducing a pilot scheme for compensating households affected by house price depreciation near large infrastructure developments; and if he will make a statement.

At the Budget, we announced that we will launch a government funded, staged pilot for passing a share of the benefits of development directly to individual households.

Our development benefits pilot is not a direct compensation scheme associated with housing price depreciation near large infrastructure developments. Rather than households bringing forward claims for compensation, we are testing a model where the benefits of housing development are directly shared with households in the local area. This would be in the form of financial payments according to a fixed formula.

Work is underway to develop the scheme, including further research and evaluation of the approach and we expect to ask for expressions of interest for pilot schemes later this year.