Health Services: Rents
The question
To ask the Secretary of State for Health and Social Care, whether his Department has had discussions with (a) NHS England and (b) local Integrated Care Boards on the impact of rent under-valuation by the Valuation Office Agency.
Answered by Stephen Kinnock
NHS England and the Valuation Office work collectively on a practical level to provide support to integrated care boards in instances where rental levels for new primary care investments are deemed insufficient or unviable, and jointly test options and variation of terms to create financial viability, where possible.
There is no under-valuation presented by the District Valuer Service, as rents are assessed based on Current Market Rent and are relative to comparable value-significant attributes and evidence within the market.
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