Hello I am a solicitor with over 15 years experience. I will try to help you with this.
There are variable home loss payments up to £47,00 but these payments are for owner occupiers (ie freeholders or owners of a leasehold interest with over 3 years left to run) I am afraid. They can get 10% of the market value up to a maximum of £47,000. Tenants are in a different position and are entitled to a home loss payment at an amount currently fixed at £4,700.