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Held to ransom [electronic resource]

By: Contributor(s): Language: English Series: RICS Property Journal ; July-August 2018, 16-18(2)Publication details: 2018Subject(s): Online resources: Summary: Considers how ransom strips should be valued noting that there is no statutory framework governing their valuation. Refers to case law including "Stokes v Cambridge Corporation" (1961] 180 EG 839, "Wards Construction (Medway) Ltd v Barclays Bank plc and "Kent CC" [1994] 68 P&CR 391, "Batchelor v Kent CC" [1988] 56 P&CR 320, "Ozanne and others v Hertfordshire CC" [1989] 43 EG 217 "Persimmon Homes Ltd v Hillier and others" [2018] EWHC 221 (Ch). Discusses options available to a developer if the titleholder refuses to sell or insists on an acceptable price.

Considers how ransom strips should be valued noting that there is no statutory framework governing their valuation. Refers to case law including "Stokes v Cambridge Corporation" (1961] 180 EG 839, "Wards Construction (Medway) Ltd v Barclays Bank plc and "Kent CC" [1994] 68 P&CR 391, "Batchelor v Kent CC" [1988] 56 P&CR 320, "Ozanne and others v Hertfordshire CC" [1989] 43 EG 217 "Persimmon Homes Ltd v Hillier and others" [2018] EWHC 221 (Ch). Discusses options available to a developer if the titleholder refuses to sell or insists on an acceptable price.