§ Mr. Wigley
asked the Secretary of State for the Environment if he will bring forward legislation to insert in the Leasehold Reform Act a scale of lease purchase prices based on formulae taking into account all relevant factors.
§ Mr. Freeson
No. It would not be practicable to devise a formula or scale of charges which would take account of all the relevant factors influencing the price to be paid for a freehold under the Leasehold Reform Act 1967, since they may vary substantially from case to case.