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Written question asked by Andrew Western (Labour) on Wednesday, 24 January 2024, in the House of Commons. It was due for an answer on Friday, 26 January 2024. It was answered by Lee Rowley (Conservative) on Wednesday, 31 January 2024 on behalf of the Department for Levelling Up, Housing and Communities.


Leasehold: Reform

Question

To ask the Secretary of State for Levelling Up, Housing and Communities, what estimate he has made of the potential cost to businesses of proposals to abolish the marriage value element of leasehold enfranchisement; and whether he has made an assessment of the potential impact of those proposals on non-UK leaseholders.

Answer

Our reforms seek to make it cheaper and easier for leaseholders to extend their lease or purchase their freehold. An Impact Assessment for the Leasehold and Freehold Reform Bill has been carried out and published on the Parliament website at: Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament.

The Leasehold and Freehold Reform Bill as introduced on 27 November 2023 is considered compatible with the ECHR, as the section 19 statement on compatibility with Convention rights has been signed.


Secondary information

Type
Written question
Reference
11469
Session
2023-24
Grouped for answer
Yes
Subjects
Costs Leasehold Reform
Link
View this Written question on www.parliament.uk