Written question asked by Andrew Lewer (Conservative) on Friday, 12 April 2024, in the House of Commons. It was due for an answer on Tuesday, 16 April 2024. It was answered by Lee Rowley (Conservative) on Friday, 19 April 2024 on behalf of the Department for Levelling Up, Housing and Communities.
Ground Rent
- Question
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To ask the Secretary of State for Levelling Up, Housing and Communities, whether he plans to compensate (a) institutional investors and (b) pension-holders for loss of income as a result of his Department’s proposed cap on ground rents.
- Answer
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The Government recently consulted on a range of options to restrict ground rents for existing leases. Alongside the consultation we published a consultation impact assessment, assessing the expected costs and benefits of each of the policy options. This can be found here: Consultation impact assessment - modern leasehold: restricting ground rent for existing leases - GOV.UK.
We are carefully considering the responses we have received and will set out next steps due course.
Secondary information
- Type
- Written question
- Reference
- 21211
- Session
- 2023-24
- Related items
- Grouped for answer
- Yes
- Subjects
- Compensation Investment Ground rent Pension funds
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2024-05-23 10:36:33 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/21211
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/21211
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2023-24/21211