Sked v Towngran Development Ltd
Sked v Towngran Development Ltd
- 1995
- Estates Gazette 1995 05 EG 169-172(4) .
LVT 28 November 1994. Application under Leasehold Reform Housing and Urban Development Act 1993 s24 to determine the price of freehold of 155 Gloucester Avenue, London NW1. The unexpired term for the maisonettes out of a 99-year lease was approximately 89 years. The value of the leasehold interests was agreed at £490,000. The reversioner`s share of the marriage value was put at 50%. The price payable was set at £5,400 with a capitalisation rate of 13%. Application for value of insurance commissions and adminstration charges dismissed. £3,600 to be attributed to the reversioner`s share of the marriage value.
DETERMINATION OF PRICE
FREEHOLD
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
MARRIAGE VALUE
LVT 28 November 1994. Application under Leasehold Reform Housing and Urban Development Act 1993 s24 to determine the price of freehold of 155 Gloucester Avenue, London NW1. The unexpired term for the maisonettes out of a 99-year lease was approximately 89 years. The value of the leasehold interests was agreed at £490,000. The reversioner`s share of the marriage value was put at 50%. The price payable was set at £5,400 with a capitalisation rate of 13%. Application for value of insurance commissions and adminstration charges dismissed. £3,600 to be attributed to the reversioner`s share of the marriage value.
DETERMINATION OF PRICE
FREEHOLD
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
MARRIAGE VALUE