Frank Field – 2016 Parliamentary Question to the Department for Transport

The below Parliamentary question was asked by Frank Field on 2016-10-07.

To ask the Secretary of State for Transport, how many residential properties purchased ahead of the construction of High Speed 2 are being let; and what estimate his Department has made of the total amount it will receive in rent payments from those properties.

Andrew Jones

As of 30th September 2016, the Department has purchased a total of 483 properties. The Departments estimate of income from the HS2 Portfolio is circa £7.5m per annum.