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.
Asked by
Lord Taylor of Goss MoorDate asked
16 Apr 2024
To
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.
Answered on 29 Apr 2024