Leasehold: Reform
(asked on 18th March 2024) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government what assessment they have made, if any, of which region will see the largest transfer of marriage value from freeholder to leaseholder under proposed leasehold reforms.
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.