Part of Leasehold and Freehold Reform Bill - Report (and remaining stages) – in the House of Lords at 4:45 pm on 24 May 2024.
Moved by Lord Howard of Rising
16: Schedule 4, page 162, line 41, at end insert—“Hope value and/or marriage value payable13A The standard valuation method is not compulsory for the property comprised in a current lease in circumstances where Assumption 2 in paragraph 17 does not apply.”Member’s explanatory statementThis amendment would not require the standard valuation method to be used in circumstances where hope value and/or marriage value is payable.
