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Compensation is available if your home is in a redevelopment area. The amount of compensation available depends on whether you are:
Homeowners You can get compensation for the market value of your property. This is worked out by Land & Property Services. Contact a local advice agency if you disagree with the valuation. You may be able to complain to the Land Tribunal. You can also get 10% of the market value of your home as a 'home loss payment'. You must have lived in the property for at least five years to be eligible for this payment. You can only get a maximum of £15,000 even if this is less than 10% of the market value of your home. You can also apply for a 'disturbance payment' to cover removal costs. You can get up to £1,650 if you are buying another home, or £800 if you are moving into private rented accommodation. Back to top
Private tenants, Housing Executive tenants and housing association tenants You can get £1,500 compensation if you have lived in the accommodation for at least one year. You can also apply for a 'disturbance payment' to cover removal costs. Contact your local Housing Executive District Office for more information on compensation for tenants in a redevelopment area. Back to top
Landlords You can get compensation for loss of rental income. This is known as 'market value of interest' compensation. The amount of compensation is worked out by Land & Property Services. Contact a local advice agency if you disagree with the valuation. You may be able to complain to the Land Tribunal. Back to top
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