Duke of Somerset: MOD: Written Answers (1)

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Written Question

State Retirement Pensions

Thursday 2nd June 2016

Asked by: Duke of Somerset (Crossbench - Excepted Hereditary)

Question to the Ministry of Defence:

To ask Her Majesty’s Government whether they have considered the longer-term advantages of selling surplus Ministry of Defence property by leasehold rather than freehold, and if so, what conclusions they have drawn.

Answered by Earl Howe - Shadow Deputy Leader of the House of Lords

The Ministry of Defence largely sells its surplus estate freehold in accordance with the disposal process set out by the Treasury, in order to ensure best value for the taxpayer. However, if warranted, properties may be sold with a long-term leasehold in order to retain an element of influence over their future use and occupation.