Compensation for damage caused by rioters

By ConveyNews | Published: November 20, 2011

Compensation for damage caused by rioters

£230 million in aid has been pledged to those effected by the damage caused by rioters. £200 million will come from the taxpayer in the form of insurance compensation. Councils will be allocated a £10 million recovery fund to clear up the streets and make the necessary repairs.

£20 million will go towards subsidising lower business rates for those hit and help pay for repairs. The government will underwrite the costs of the riots.

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    Tracey launched the Convey News website in 2008 to provide consumers with a guide to the intricacies of Conveyancing and the problems and pitfalls that can make the moving / conveyancing process a stressful experience.  The website includes up to date information and news of what is happening today’s property market and useful tips and advice on the house moving process.

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