Not a true reflection
Densham, William
Not a true reflection - 2007 - Estates Gazette (0727) 7 July 2007, 292-294(3) .
Reports on recent cases including Level Properties V Balls Brothers (L137934) which may have a considerable affect on the way valuers approach rent reviews. Marklands Ltd V Virgin Retail Ltd was criticised for distorting the market approach. It held that if a tenant threatens to take multiple cheaper alternative properties, a landlord cannot threaten to multi-let to secure higher rent from a single bidder. Level Properties showed that a landlord was free to consider the higher yield of either a single or double let. This was based on a clause particular to the case, and may not directly contradict Marklands.
England and Wales--1543-
Not a true reflection - 2007 - Estates Gazette (0727) 7 July 2007, 292-294(3) .
Reports on recent cases including Level Properties V Balls Brothers (L137934) which may have a considerable affect on the way valuers approach rent reviews. Marklands Ltd V Virgin Retail Ltd was criticised for distorting the market approach. It held that if a tenant threatens to take multiple cheaper alternative properties, a landlord cannot threaten to multi-let to secure higher rent from a single bidder. Level Properties showed that a landlord was free to consider the higher yield of either a single or double let. This was based on a clause particular to the case, and may not directly contradict Marklands.
England and Wales--1543-