Solent Pines Residents Association v Campbell
Solent Pines Residents Association v Campbell
- 1996
- Estates Gazette [1996] 16 EG 118-121(4) .
LVT 12 October 1995. Qualifying tenants of a block of flats chose to exercise their rights to collective enfranchisement, valuing the freehold at £218,677, the landlord was asking £1,225,725. At dispute was the value of various priviledges and benefits that the landlord would lose if he sold the freehold and whether these should be included in the sale price. Held the enfranchisement price should be £401,200 which included hope and marriage values and compensation for the loss of insurance premiums and ability to enforce covenants on other properties.
COLLECTIVE ENFRANCHISEMENT
COMPENSATION
FLATS
FREEHOLD VALUE
HOPE VALUE
INSURANCE PREMIUMS
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
MARRIAGE VALUE
SOLENT PINES RESIDENTS ASSOCIATION V CAMPBELL AND ANOTHER
LVT 12 October 1995. Qualifying tenants of a block of flats chose to exercise their rights to collective enfranchisement, valuing the freehold at £218,677, the landlord was asking £1,225,725. At dispute was the value of various priviledges and benefits that the landlord would lose if he sold the freehold and whether these should be included in the sale price. Held the enfranchisement price should be £401,200 which included hope and marriage values and compensation for the loss of insurance premiums and ability to enforce covenants on other properties.
COLLECTIVE ENFRANCHISEMENT
COMPENSATION
FLATS
FREEHOLD VALUE
HOPE VALUE
INSURANCE PREMIUMS
LEASEHOLD ENFRANCHISEMENT
LEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
MARRIAGE VALUE
SOLENT PINES RESIDENTS ASSOCIATION V CAMPBELL AND ANOTHER