Tweet Here, you can find my latest speeches and appearances in Parliament (provided by theyworkforyou):
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees That’s all right, Dame Caroline. Let’s stick with net present values, shall we, Professor?
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q Not on my copy; I presume it must have, but this figure is listed at the front.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q Well, let me draw on that. The core of this is something I mentioned earlier.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q You will be aware that impact assessments are required now for all legislation, very helpfully.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q It is, and it seems very expensive legislation. Do you agree with that?
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q The top line says that the best estimate of present value is £90 million, but then it says that the low estimate is minus £1.5 billion an
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q That is helpful. What is your instinct? Most of this is about removing marriage value payments.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q Is it right to say that this Bill is a wealth transfer from rich freeholders to rich leaseholders?
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q So this is a London wealth transfer.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q I am interested because so many other purchase decisions—indeed the mortgage you get—will be subject to market rates at that time.
