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Moore and others v Escalus Properties Ltd

Language: English Series: Estates Gazette ; [1997] 07 EG 149-152(4)Publication details: 1997Subject(s): Summary: LVT 30 July 1996. M sought the determination of the price payable for the acquisition of the freehold of a block of 3 flats, they claimed a value of £950 - based on the price of £750 paid by the present landlord in 1993. E argued for £3,655 contending its investment in a ground rent was valued not only on the ground rent but on insurance commission, benefits of management and subsidiary income. "Decision" price was £1,885 based on a capitalisation rate of 11%.
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Law report London Journal article ABS56610 (Browse shelf(Opens below)) 1 Available 24831-1001

LVT 30 July 1996. M sought the determination of the price payable for the acquisition of the freehold of a block of 3 flats, they claimed a value of £950 - based on the price of £750 paid by the present landlord in 1993. E argued for £3,655 contending its investment in a ground rent was valued not only on the ground rent but on insurance commission, benefits of management and subsidiary income. "Decision" price was £1,885 based on a capitalisation rate of 11%.