The CLA has welcomed formal recognition in the Queen’s Speech that compensation provisions will be brought forward for rural landowners whose businesses and properties have been frozen by the High Speed Two (HS2) rail line.
The Association will support the proposed Preparation Bill providing it goes some way to enable fair compensation payments to be made promptly to those suffering losses due to the construction of HS2.
CLA North Regional Director Dorothy Fairburn said:
“We hope that the inclusion of compensation within the bill is the Government’s recognition that something must be done more quickly to compensate rural businesses affected by HS2.
“Currently there is one scheme in place, which offers those who will lose property and business opportunity, little prospect of compensation in the short term.
“This bill provides an opportunity for government to introduce the CLA’s proposed Property Bond Scheme to protect property from any loss in value and needs to be introduced as soon as possible.”
The Association also welcomed the proposed Deregulation Bill which will provide a major opportunity for growth in the rural economy as businesses benefit from the removal of red tape.
However, while measures included in the Water Bill which try and address flood insurance are supported, the CLA said the Government must act quickly to ensure affordable insurance can be offered in areas of high flood risk.
Miss Fairburn said:
“Uncertainty because of disagreement between the Government and the insurance industry has meant some CLA members have faced increased insurance premiums or excess charges.
“There is an opportunity now for the Government to give clear direction.”