[holding answer 7 June 2007]: We are aware of one case where the freehold of an academy site is held by a private sector organisation. In this case, the land has been leased to the local authority which in turn has leased it to the Academy Trust.
We do not maintain central records which record whether Academy Trusts have freehold or leasehold interests and who granted them. This information could be provided only at disproportionate cost.
However, in all cases, the Academy Trust either owns the freehold of the site or will have been granted a lease of either 99 or 125 years. Where academies are being developed as part of the Building Schools for the Future programme, the Academy Trust will be granted a 125-year lease from the local authority which will commence upon completion of the building.