Select Committee on Standards and Privileges Second Report

Annex H

Letter to the Parliamentary Commissioner for Standards from Mr R McCann MRICS, Valuation & Lands Agency


My letter dated 20 July 2001 and subsequent conversation with the Registrar refer.

The previously reported rental estimates were based on a standard commercial lease assuming that the tenant would be responsible for the insurance of the property, internal and external maintenance, and payment of rates. The figures therefore represent the full profit element, ignoring any outstanding mortgage or loan costs.

If you require further advice please contact me.

29 August 2001

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