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 Q What is clear, though, is that the business net present value is scored at minus £1.7 billion, so presumably we can pretty much say that
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q So it is redistributive, primarily.
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 At the moment, we do not know what will be in the regulations in relation to how the Minister should go about determining that.
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.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q No: discount rates.
Examination of Witness | Leasehold and Freehold Reform Bill | Public Bill Committees Q That is helpful to know.
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 That is very helpful. I will stop there, but I want to come back on discount rates later if I have time.
