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Zuckerman and Ors v Trustees of Calthorpe Estate

Language: English Publication details: 2009Subject(s): Online resources: Summary: [2009] UKUT 235 (LC), LRA/97/2008 18 November 2009. Appeal against LVT decision by 11 leaseholders on a block of flats in the West Midlands claiming new leases under the Leasehold Reform Housing and Urban Development Act 1993. Appeal against the standard 5% deferment rate set out in "Sportelli v Earl Cadogan" (L146351) [2008] UKHL 71 on grounds of deterioration and obsolescence, prospects of future growth and the appropriate allowance for flats. Recognised that there was a greater risk of deterioration in the properties in the West Midlands than in Prime Central London as would have applied in ?Sportelli? allowing a 0.25% risk premium, 0.5% was allowed for future growth and an additional 0.5% for flats management problems. Deferment rate increased from 5% to 6%.
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Law report Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 149182-2001

[2009] UKUT 235 (LC), LRA/97/2008 18 November 2009. Appeal against LVT decision by 11 leaseholders on a block of flats in the West Midlands claiming new leases under the Leasehold Reform Housing and Urban Development Act 1993. Appeal against the standard 5% deferment rate set out in "Sportelli v Earl Cadogan" (L146351) [2008] UKHL 71 on grounds of deterioration and obsolescence, prospects of future growth and the appropriate allowance for flats. Recognised that there was a greater risk of deterioration in the properties in the West Midlands than in Prime Central London as would have applied in ?Sportelli? allowing a 0.25% risk premium, 0.5% was allowed for future growth and an additional 0.5% for flats management problems. Deferment rate increased from 5% to 6%.

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