Asked by: Lord Taylor of Goss Moor (Liberal Democrat - Life peer)
Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government what assessment they have made of the potential impact of an increase in the non-residential limit for collective enfranchisement on the composition of retail streets in London’s Central Activity Zone.
Answered by Baroness Scott of Bybrook - Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
An Impact Assessment for the Leasehold and Freehold Reform Bill was published on 11 December 2023 and is available on the Parliament website at: Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament. The Impact Assessment considers the non-monetised impact of increasing the non-residential for collective enfranchisement claims including the potential impact on freeholders, high streets, and businesses.
Asked by: Lord Taylor of Goss Moor (Liberal Democrat - Life peer)
Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government what assessment they have made of the extent to which overseas investors will benefit from an increase in the non-residential limit for collective enfranchisement under proposed leasehold reforms.
Answered by Baroness Scott of Bybrook - Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
An Impact Assessment for the Leasehold and Freehold Reform Bill was published on 11 December 2023 and is available on the Parliament website at: Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament. The Impact Assessment considers the non-monetised impact of increasing the non-residential for collective enfranchisement claims including the potential impact on freeholders, high streets, and businesses.
Asked by: Lord Taylor of Goss Moor (Liberal Democrat - Life peer)
Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government how many high streets in local authority ownership will be affected by an increase in the non-residential limit for collective enfranchisement under proposed leasehold reforms.
Answered by Baroness Scott of Bybrook - Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
An Impact Assessment for the Leasehold and Freehold Reform Bill was published on 11 December 2023 and is available on the Parliament website at: Leasehold and Freehold Reform Bill publications - Parliamentary Bills - UK Parliament. The Impact Assessment considers the non-monetised impact of increasing the non-residential for collective enfranchisement claims including the potential impact on freeholders, high streets, and businesses.
Asked by: Lord Taylor of Goss Moor (Liberal Democrat - Life peer)
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)
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.
Asked by: Lord Taylor of Goss Moor (Liberal Democrat - Life peer)
Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government what assessment they have made of the impact of the proposed removal of marriage value under proposed leasehold reforms on (1) property investors and (2) foreign investors.
Answered by Baroness Scott of Bybrook - Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
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.