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Scarlett v Halcrow Ltd

Language: English Series: Estates Gazette ; (1995) 11 EG 145-148(4)Publication details: 1995Subject(s): Summary: LVT 14 November 1995. S wished to purchase a block of 10 flats and sought a determination of price from the court, proposing a sum of £3,000. H replied with a notice for £30,000 or £15,000 plus leaseback of the roof area for further development. "Held" that the price should be £1,500, there being no neighbouring property for which the landlord would be compensatable under the Leashold Reform, Housing and Urban Development Act 1993; there being no marriage value; and as permission for development would be refused, there was no loss of development value.

LVT 14 November 1995. S wished to purchase a block of 10 flats and sought a determination of price from the court, proposing a sum of £3,000. H replied with a notice for £30,000 or £15,000 plus leaseback of the roof area for further development. "Held" that the price should be £1,500, there being no neighbouring property for which the landlord would be compensatable under the Leashold Reform, Housing and Urban Development Act 1993; there being no marriage value; and as permission for development would be refused, there was no loss of development value.