29 Jul

Hardship scheme for houses for sale 'good news'

Hardship scheme for houses for sale 'good news'

The hardship scheme for homeowners with houses for sale in Birmingham or London has been welcomed by a property expert.

Earlier this week, the government announced people with property along the proposed route of the London to Birmingham high-speed rail link (HS2) will be compensated as part of a hardship programme.

The secretary of state for transport Philip Hammond revealed that property owners will be given money if they have to sell their properties as a result of the rail development.

Head of Knight Frank's specialist HS2 team James Del Mar commended the initiative, saying: "It is good news that the government has agreed to introduce an exceptional hardship scheme for those whose properties lie along the proposed route of HS2."

Those eligible to apply for the hardship scheme include people who have had to sell their property due to the HS2 forcing them to change their employment location or face extreme financial pressure.

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