High Speed 2 Line: Compensation

(asked on 15th April 2024) - View Source

Question to the Department for Transport:

To ask His Majesty's Government whether HS2 Ltd and its agents base their offers to acquire property in connection with HS2 upon valuations fully in accordance with (1) the Royal Institution of Chartered Surveyors' Red Book, and (2) the compensation code; and, if not, what criteria they apply to property compensation valuations.


Answered by
Lord Davies of Gower Portrait
Lord Davies of Gower
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 29th April 2024

HS2 Ltd makes offers to acquire properties under a variety of statutory and discretionary schemes. There is no single or universal process that applies to all acquisitions. HS2 Ltd and its agents apply the Red Book and Compensation Code where applicable, dependent on the circumstances and type of offer being made.

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