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Accessible legal tips, know-how and news for anyone with a complaint or legal issue from Stephen Gold, author of The Return of Breaking Law, the book

Friday 17 September 2021

COMPULSORY PURCHASE: displacement compensation about to rise in England

 
There's nothing to beat a nice bit of development - unless you are being thrown out of your home to make way for it. Where you are out because of a compulsory purchase order or public redevelopment, one of the heads of compensation to which you are entitled is for the distress and inconvenience which displacement will cause. There are limits to that compensation which are reviewed annually. The limits are going up for England when you are thrown out on or after 01 October 2021.  You can bless and curse the Home Loss Payments (Prescribed Amounts) (England) Regulations 2021 (SI 2021/841).

An owner-occupier can collect 10% of the market value of their property under this head of compensation. The minimum will be £7,100 which is an increase from £6,500 and a maximum of £71,000 which is an increase from £65,000. For a tenant, there is a flat rate which will be set at £7,100 and increases from £6,500.