000 01497cab a2200193 4500
001 ABS39992
008 090401t1988 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u20497
041 _aeng
245 _aWilkins v Castle New Town Holdings Ltd
260 _c1988
350 _a0
490 _aEstates Gazette
_v(8842) 22 October 1988, 139-140(2)
520 _aWest Midlands Rent Assessment Panel (WM220) 7 June 1988 Decision on the application by the tenant (W) for a determination under Leasehold Reform Act 1967 s9 , as amended, of the freehold price of a detached house . Three issues were in contention: 1) relevance of adverse differential; 2) whether reversion to be valued separately or ground rent to valued in perpetuity; 3) relevance and value of insurance commission . Adverse differential concept was held not relevant to the decision and the tribunal accepted valuation of ground rent in perpetuity as appropriate for present length of lease. W`s valuer argued that no additional value should be attributed to insurance commission, as he had never experienced it himself in the sale of freeholds and it was in any event, tenuous. The landlords` valuer referred to Re Castleberg Investments (Jersey) Ltd`s Appeal and provided evidence of letters and articles indicating that commissions and agencies are open to individuals. Tribunal held that th
650 _aLEASEHOLD REFORM
690 _aLANDLORD AND TENANT-CASE LAW-LEASEHOLD REFORM
942 _n0
948 _c04/03/1997
999 _c13731
_d13731