Housing: Leasehold

(asked on 31st January 2024) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, if he will make an estimate of the average value of residential properties with remaining leases of (a) 80 to 71, (b) 70 to 61, (c) 60 to 51, (d) 50 to 41, (e) 40 to 31, (f) 30 to 21, (g) 20 to 11 years and (h) 10 or fewer years.


Answered by
Lee Rowley Portrait
Lee Rowley
Minister of State (Minister for Housing)
This question was answered on 8th February 2024

The impact assessment for the Leasehold and Freehold Reform Bill can be found here. This includes an estimate of the impact of removing marriage value.

The impact assessment also contains information on estimates of the aggregate number of leases below 80 years.

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