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Leasehold Valuation

Volume 975: debated on Wednesday 12 December 1979

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asked the Secretary of State for Wales if he will give an assurance that the proposed changes in the leasehold legislation will apply to the benefit of those enfranchised leaseholders who asked to buy their freeholds but who have not settled by the date at which the legislation becomes effective.

The Bill will propose that, provided the price of the freehold has not been determined by agreement or otherwise on the date on which the proposals announced on 3 December come into force, and that two months have elapsed since the leaseholder served notice claiming his freehold, it will be possible to ask a local leasehold valuation tribunal to decide the price.