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Verkan & Co Ltd v Byland Close (Winchmore Hill) Ltd and another

Language: English Series: Estates Gazette ; [1998] 28EG 118-125(8)Publication details: 1998Subject(s): Summary: LT 4 March 1998. The appellant landlord owned five blocks of flats let on long leases at low ground rents. A notice of collective enfranchisement was served in September 1995, but not all tenants participated in the notice. The landlord appealed the decision of the LVT raising issues, inter alia, as to the value of the leases, the appropriate yields and the valuation approach for non-participating flats. "Held " where a competent LVT has decided matters of fact and value on the opinion evidence of valuers and an inspection of the premises, and there is no suggestion of dispute as to matters of law or of valuation principle, then the LT should be slow to disturb the decison of the LVT unless satisfied that it is clearly wrong. Appeal dismissed.

LT 4 March 1998. The appellant landlord owned five blocks of flats let on long leases at low ground rents. A notice of collective enfranchisement was served in September 1995, but not all tenants participated in the notice. The landlord appealed the decision of the LVT raising issues, inter alia, as to the value of the leases, the appropriate yields and the valuation approach for non-participating flats. "Held " where a competent LVT has decided matters of fact and value on the opinion evidence of valuers and an inspection of the premises, and there is no suggestion of dispute as to matters of law or of valuation principle, then the LT should be slow to disturb the decison of the LVT unless satisfied that it is clearly wrong. Appeal dismissed.

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