000 02079cad a22002895a 4500
001 L146964
008 090318e20090224xxk f v 000 0 eng d
035 _a(Sirsi) u146964
041 0 _aeng
245 0 0 _aMansal Securities Ltd and others v. Leasehold Valuation Tribunal of the Midland Rent Assessment Panel
_h[electronic resource]
260 _c2009
520 _aLRA 185 2007, 24 February 2009. The case considers whether the Sportelli guidance applies to valuations under section 9(1) of the Leasehold Reform Act 1967 and whether the deferment rate in the West Midlands area and under the section 9(1) is different from the Sportelli generic rate. The freeholders of properties appealed against a decision of the Leasehold Valuation Tribunal (LVT) involving valuations under section 9(1). The LVT had determined the deferment rate for calculation of the freehold interest at 5.5%. The freeholders appealed for the rate to be set at 4.75%, the same figure used for houses in the case of Cadogan and Sportelli, and approved by the Court of Appeal. "Held": The appeal is allowed. The deferment rate is set at 5% for the 22 appeal properties. The appeal against the capitalisation rate used by the LVT for one of the properties fails.
590 _aKA
650 2 4 _aMANSAL SECURITIES LTD AND OTHERS V LEASEHOLD VALUATION TRIBUNAL OF THE MIDLAND RENT ASSESSMENT PANEL
650 2 4 _aFARR V MILLERSONS INVESTMENTS LTD
650 2 4 _aEARL CADOGAN AND ANOTHER V SPORTELLI AND ANOTHER
650 2 4 _aNICHOLSON V GOFF
650 2 4 _aOFFICIAL CUSTODIAN OF CHARITIES V GOLDRIDGE
650 2 4 _aWILKES V LARCROFT PROPERTIES
650 2 4 _aHILDRON FINANCE LTD V GREENHILL HAMPSTEAD LTD
650 2 4 _aLEASEHOLD REFORM ACT, 1967, SECTION 9(1)
650 2 4 _aLEASEHOLD REFORM, HOUSING AND URBAN DEVELOPMENT ACT 1993
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-LANDLORD AND TENANT-LEASES-LEASEHOLD ENFRANCHISEMENT
856 4 0 _uhttps://www.landstribunal.gov.uk/Aspx/view.aspx?id=586
_zView the item free of charge at www.landstribunal.gov.uk...
942 _n0
999 _c109373
_d109373