questionText: To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the potential impact of the lease extension premium formula on leaseholders with short leases; and whether he plans to bring forward proposals to reform the reversion value calculation under the Leasehold Reform, Housing and Urban Development Act 1993.
answerText: The Leasehold and Freehold Reform Act 2024 Impact Assessment assessed the changes to enfranchisement premiums and included analysis on the distribution of leases by length. It can be viewed online here.I otherwise refer the hon. Member to the answer given...
heading: Leasehold: Fees and Charges