Leasehold: Reform
(asked on 18th March 2024) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask His Majesty's Government what assessment they have made of the impact of the proposed removal of marriage value under proposed leasehold reforms on (1) property investors and (2) foreign investors.
Answered by
Baroness Scott of Bybrook
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 3rd April 2024
An Impact Assessment for the Leasehold and Freehold Reform Bill was published on 11 December 2023 and is available on the Parliament website (attached) at: Leasehold and Freehold ReformBill publications - Parliamentary Bills - UK Parliament. This includes an estimate of the impact of removing marriage value on different groups and regions.