Scarlett v Halcrow Ltd
Scarlett v Halcrow Ltd
- 1995
- Estates Gazette (1995) 11 EG 145-148(4) .
LVT 14 November 1995. S wished to purchase a block of 10 flats and sought a determination of price from the court, proposing a sum of £3,000. H replied with a notice for £30,000 or £15,000 plus leaseback of the roof area for further development. "Held" that the price should be £1,500, there being no neighbouring property for which the landlord would be compensatable under the Leashold Reform, Housing and Urban Development Act 1993; there being no marriage value; and as permission for development would be refused, there was no loss of development value.
DETERMINATION OF PRICE
DEVELOPMENT VALUE
FREEHOLD INTEREST
GODALMING
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
MARRIAGE VALUE
SCARLETT V HALCROW LTD
LVT 14 November 1995. S wished to purchase a block of 10 flats and sought a determination of price from the court, proposing a sum of £3,000. H replied with a notice for £30,000 or £15,000 plus leaseback of the roof area for further development. "Held" that the price should be £1,500, there being no neighbouring property for which the landlord would be compensatable under the Leashold Reform, Housing and Urban Development Act 1993; there being no marriage value; and as permission for development would be refused, there was no loss of development value.
DETERMINATION OF PRICE
DEVELOPMENT VALUE
FREEHOLD INTEREST
GODALMING
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
MARRIAGE VALUE
SCARLETT V HALCROW LTD