PARLIAMENTARY WRITTEN QUESTION
Leasehold: Reform (24 January 2024)

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.

Asked by:
Andrew Western (Labour)

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.

Answered by:
Lee Rowley (Conservative)
31 January 2024