To ask His Majesty's Government what plans they have to abolish marriage value in property valuations.
Answered on
10 December 2024
The Leasehold and Freehold Reform Act 2024 removes the requirement to pay marriage value in lease extensions and freehold acquisitions.
As set out in the Housing Minister’s Written Ministerial Statement on 21 November, the Government will act as quickly as possible to provide homeowners with greater rights, powers, and protections over their homes by implementing the provisions of that Act.