Hordern v Viscount Chelsea and another
Language: English Series: Estates Gazette ; [1997] 07 EG 144-149(6)Publication details: 1997Subject(s): Summary: LVT 5 July 1996. H held an underlease of a first floor flat. Following a notice claiming a new lease, H applied to the tribunal for the determination of the premium payable. Her valuers suggested a sum of £233,340, the landlord sought a sum of £350,000 and contended a 10% deduction should be made from the value of the existing freehold to reflect the risk that H would claim security of tenure under the Landlord and Tenant Act 1954 PT I. "Held" premium payable was £283,100. A 25% deduction should be made to reflect the risk of a claim of security of tenure.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS56609 (Browse shelf(Opens below)) | 1 | Available | 24826-1001 |
LVT 5 July 1996. H held an underlease of a first floor flat. Following a notice claiming a new lease, H applied to the tribunal for the determination of the premium payable. Her valuers suggested a sum of £233,340, the landlord sought a sum of £350,000 and contended a 10% deduction should be made from the value of the existing freehold to reflect the risk that H would claim security of tenure under the Landlord and Tenant Act 1954 PT I. "Held" premium payable was £283,100. A 25% deduction should be made to reflect the risk of a claim of security of tenure.