HC Deb 10 March 1964 vol 691 cc33-4W
Mr. Ness Edwards

asked the Minister of Housing and Local Government and Minister for Welsh Affairs if he will introduce legislation to protect leaseholders who are being asked one thousand times their annual ground rent for the freehold of their property, details of which have been sent to him.

Sir K. Joseph

The value of the freehold reversion cannot be related to any particular multiple of the annual ground rent, especially where the unexpired term of the lease is only a few years. Whether the price asked is reasonable is a matter on which a leaseholder would be wise to seek professional advice.

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