Question to the Department for Transport:

To ask Her Majesty's Government what property compensation estimate has been prepared for the proposed Heathrow third runway extension; and what is its scope and total value.

Residential property costs for Heathrow Airport Ltd’s publicly committed property compensation scheme for those affected by expansion have been estimated at £550m, to be financed by Heathrow and not the taxpayer. This estimate covers both the compulsory purchase zone and the wider property zone and for eligible properties this includes a 25% home loss payment, as well as the Stamp Duty Land Tax, moving costs and legal fees associated with buying a new home.