1. ITV Report

Northamptonshire MP raises concerns on HS2 compensation

HS2 promotional image Photo: HS2 ltd

Northamptonshire South MP Andrea Leadsom has raised further concerns over the High Speed 2 rail link from London to Birmingham.

Leadsom claims that some of her constituents, who live along the proposed line, have found it difficult to sell their homes since the development plans were announced.

She is urging Transport Minister Justine Greening to introduce a property bond to boost the local housing market.

Speaking at transport questions in the Commons, Mrs Leadsom said: "When you announced HS2 you assured us there would be a fair properties-in-blight deal which would address any blights caused by HS2 and would reassure property owners.

"In my constituency there are many people who have been trying to sell their homes for up to two years already and who are simply without any access to any compensation scheme.

"Can you tell me what I can say to them to reassure them and will you consider again the prospect of a property bond, which would be the only way to ensure the property market works normally?"

Ms Greening replied: "I do recognise the impact that plans for HS2 are already having on individuals, communities and businesses along the line.

"That's why we are shortly going to consult on measures that will help property owners.

"It is an important step for the Government and it is an important step for the affected or interested so they can respond to the consultation and help shape Government policy.

"You asked about a bond-based property scheme, I do assure you I am committed to making sure this package is fair."

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