High Speed 2 Line: Compensation

(asked on 1st May 2024) - View Source

Question to the Department for Transport:

To ask His Majesty's Government, further to the Written Answer by Lord Davies of Gower on 29 April (HL3718), in which circumstances, and why, it would not be applicable to apply the Royal Institution of Chartered Surveyors' Red Book to HS2 property compensation cases.


Answered by
Lord Davies of Gower Portrait
Lord Davies of Gower
Shadow Secretary of State for Wales
This question was answered on 13th May 2024

The Royal Institution of Chartered Surveyors’ Red Book sets out the approach to be adopted for property valuation. It is not applicable to compensation cases where there is no claim for property value and the claim is limited to disturbance compensation or losses not based on the value of land, such as relocation costs.

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