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Visible Information Packaged Systems Ltd v Squarepoint (London) Ltd and others

Series: Estates Gazette Law Reports ; [2000] 30 EG 121-125(5)Publication details: 2000Subject(s): Summary: LT 16 February 2000. The tenants of W and B applied to the Leasehold Valuation Tribunal (LVT) for a determination of the premium to be paid to the freeholder S, and to the intermediate leaseholder, V, in consideration of a new, extended lease of a flat under the Leasehold Reform, Housing and Urban Development Act 1993 s48. The LVT determined the compensation payable to V, for the value of its intermediate lease, at £184. V appealed, contending that the LVT, in calculating the loss-of-profit rent, when all parties had agreed that the loss-of the gross rent should be taken, had been wrong. 'Held' appeal was allowed.
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Law report London Journal article ABS62638 (Browse shelf(Opens below)) 1 Available 107549-1001

LT 16 February 2000. The tenants of W and B applied to the Leasehold Valuation Tribunal (LVT) for a determination of the premium to be paid to the freeholder S, and to the intermediate leaseholder, V, in consideration of a new, extended lease of a flat under the Leasehold Reform, Housing and Urban Development Act 1993 s48. The LVT determined the compensation payable to V, for the value of its intermediate lease, at £184. V appealed, contending that the LVT, in calculating the loss-of-profit rent, when all parties had agreed that the loss-of the gross rent should be taken, had been wrong. 'Held' appeal was allowed.