Not very highly rated

Jefferies, Thomas

Not very highly rated - 2005 - Estates Gazette 22 October 2005,229(1) .

Analyses the implications of the recent Lands Tribunal landmark decision "Arbib v Earl Cadogan" ( LRA/23/2004, L131346) on the deferment rate to be used for valuing a landlord's reversion for enfranchisement purposes: an appropriate rate of 4.5% rather than the established rate of 6%. Considers the decision to have been based on disappointing evidence. Concludes that "Arbib", if followed and applied, will represent a victory for the landlords of large estates but does not think this will happen of necessity. Lists the outstanding issues still to be explored.


ARBIB V EARL CADOGAN