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Sunday
Feb122012

HS2: How it may affect your property

Now that approval for the ‘HS2’ high-speed train line between London and Birmingham has been formally announced, the next exercise the Government will be undertaking is a review of the property interests affected by the scheme.

Maps of the proposed routes can be found here.

In addition to properties that will need to be compulsorily purchased, many affected by construction works in building the train line. Later on, there will also be issues relating to the sonic footprint the trains will create and loss of visual amenity. The degree of visual blight will be relatively easy to predict. The degree of blight due to noise less so.

A review of all the property issues can be downloaded below. This summaries the current statutory position as regards compensation for blight due to the scheme. The Government intends to bring in adjustments including: 

  • a streamlined advance purchase scheme;
  • a sale and rent back scheme;
  • a streamlined small claims scheme; and
  • a package of measures to improve confidence in properties above tunnels.

Click here to download the Government's review on how properties may be affected.

Contact: Peter Laskey, PartnerIf you are concerned about the effect HS2 will have on a property you own, contact Peter Laskey on 020 8221 8000 or e-mail peter.laskey@bowlinglaw.co.uk to arrange a confidential discussion.

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