Getting the price right
Fancourt, Timothy
Getting the price right - 2007 - New Law Journal 157(7298) 23 November 2007, .
Examines the impact of the recent Lords Court of Appeal decision in the case of Earl Cadogan v Sportelli (L141130) on the determination of enfranchisement prices. Explains that hope value will play no part in the value determination. Leasehold valuation tribunals should apply 4.75% for houses and 5% for flats in central London, notwithstanding credible evidence otherwise.
LEASEHOLD REFORM ACT 1967
EARL CADOGAN AND ANOTHER V SPORTELLI AND ANOTHER
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
HOUSING ACT 1996
COMMONHOLD AND LEASEHOLD REFORM ACT 2002
England and Wales--1543-
Getting the price right - 2007 - New Law Journal 157(7298) 23 November 2007, .
Examines the impact of the recent Lords Court of Appeal decision in the case of Earl Cadogan v Sportelli (L141130) on the determination of enfranchisement prices. Explains that hope value will play no part in the value determination. Leasehold valuation tribunals should apply 4.75% for houses and 5% for flats in central London, notwithstanding credible evidence otherwise.
LEASEHOLD REFORM ACT 1967
EARL CADOGAN AND ANOTHER V SPORTELLI AND ANOTHER
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
HOUSING ACT 1996
COMMONHOLD AND LEASEHOLD REFORM ACT 2002
England and Wales--1543-