§ Lord Laird
asked Her Majesty's Government:
What was the valuation process to assess the market value for a residence in Cultra in North Down which they sold to a former senior civil servant in the Anglo-Irish Secretariat who is now involved with the Boundary Commission; and whether the full normal procedures were adhered to. [HL952]
§ The Lord Privy Seal (Lord Williams of Mostyn)
The process followed was that the average of two valuations was used to assess the sale price. One of the valuations was provided on the prospective buyer's behalf and the other by surveyors acting for the Northern Ireland Office. The full normal procedures in place at that time were adhered to.