answer text |
<p>As I outlined in response to my Hon. Friend, in Question 184606, we are looking
to legislate to resolve this issue as soon as parliamentary time allows.</p><p>We
do not hold data on the number of people who are not protected due to an extension
or variation of a lease since 14 February 2022, however, we believe the number to
be relatively small.</p><p>We have not made an assessment as to the estimate of the
potential legal and valuation costs for leaseholders who are in the process of extending
or varying a lease. However, it should be noted that, in the normal course of events,
all leaseholders typically require legal support in the course of seeking a lease
extension or variation, so we do not anticipate that there will be significant 'additional'
costs to those which they ordinarily would have incurred.</p>
|
|