Question to the Department for Levelling Up, Housing & Communities:
To ask His Majesty's Government what plans they have to make the leasehold enfranchisement process easier for residential leaseholders.
The Government has committed to making enfranchisement cheaper for leaseholders by reforming the process of valuation they must follow to calculate the cost of extending their lease or buying their freehold. We will abolish marriage value, cap ground rents in the calculation, prescribe the rates to be used and introduce an online calculator.