Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make an assessment with Cabinet colleagues of the potential impact of abolishing marriage value under schedule two of the Leasehold and Freehold Reform Bill on the transfer of wealth overseas by freeholders.

The impact assessment for the Leasehold and Freehold Reform Bill can be found here. This includes an estimate of the impact of removing marriage value.

The impact assessment also contains information on estimates of the aggregate number of leases below 80 years.