Recommendation 38

Up to the end of March 2024, HS2 Ltd had spent £3.7 billion on buying land and property along the HS2 route, of which £592 million relates to the cancelled Phase 2.66 The types of land and property include agricultural, commercial and residential, with HS2 Ltd purchasing around a thousand properties and 17 square kilometres of land on the Phase 2 route. HS2 Ltd acts as an agent in purchases and disposals for the Department, with the land and property held as assets of the Department.