Heathrow Airport extends third runway compensation offer Heathrow has said it will extend its property compensation scheme if a third runway is built. In May, the airport said it would pay 25% above market value for 750 homes that would need to be compulsorily purchased. The offer has now been extended to 3,750 homes close to the new runway that would not need to be bought. Homeowners in Poyle, Colnbrook, Brands Hill, Harmondsworth, Sipson, Harlington and Cranford Cross will be affected. The BBC has approached resident groups for comment. ‘Functioning community’ Residents would have the option of selling or remaining in their homes when construction begins. A spokesman said: Where Heathrow purchases a property from a homeowner it will refurbish and sound insulate the property before reselling it on the open market. This will give those people who want to leave the area the option of doing so but ensure those who remain still live in a functioning community. The new offer follows a consultation that ended in October. It remains subject to regulatory approval by the Civil Aviation Authority. The Airports Commission says there is a need for one additional runway in the South East of England by 2030. It has shortlisted three options: A third [...] newsinlondon/heathrow-airport-extends-third-runway-compensation-offer/
Posted on: Thu, 04 Dec 2014 12:30:52 +0000
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