STATUS OF SCHEME 6 MARCH 2024
MetroLink’s homeowner compensation scheme, focusing on the key points:
Background:
MetroLink is a major rail project in Dublin facing some opposition from homeowners concerned about potential property damage.
The Property Owners Protection Scheme (POPS) was established to compensate those whose homes are damaged during MetroLink construction.
Initial criticism focused on the €45,000 compensation cap being too low.
Changes Announced:
Transport Infrastructure Ireland (TII), responsible for MetroLink, has listened to homeowner concerns and significantly increased the POPS compensation cap to €75,000.
The new amount will be adjusted for inflation from the time the railway project is officially approved.
If Damage Exceeds the Cap:
Homeowners with MetroLink-related damages over €75,000 can seek further compensation through the project’s insurance.
TII will assist in expediting repairs by providing access to its contractors.
TII believes most claims will fall below the €75,000 threshold.
Overall: This change represents a substantial increase in potential compensation for homeowners, potentially addressing concerns and easing tensions around the MetroLink project.