000 01948cab a22002175a 4500
001 L142798
008 080311e20080110xxk f w 000 0 eng d
035 _a(Sirsi) u142798
041 0 _aeng
245 0 0 _aHildron Finance Ltd v Greenhill Hampstead Ltd
_h[electronic resource]
260 _c2008
520 _aLRA 120 2006, 10 January 2008. Considers whether, in a leasehold valuation tribunal, the generic five percent deferment rate set by the case of Earl Cadogan v Sportelli should be departed from in an area marginally outside the area known as prime central London. The landlord (H) appealed against a valuation of its interest in a property. The respondent company (G) had been nominee purchaser of a block of flats in Hampstead. The tribunal allowed a deferment rate of seven percent. H contended that the precedent set by the Sportelli case should apply and that the deferment rate should be five percent. "Held": The decision in the Sportelli case had been aimed at setting a generic deferment rate for properties in prime central London. Although Hampstead was not within this area, the court saw no reason to depart from the level that had been set in that case. Appeal allowed. The deferment was reduced to five percent and the valuation of the landlord's interest increased accordingly.
590 _aKA
650 2 4 _aHILDRON FINANCE LTD V GREENHILL HAMPSTEAD LTD
650 2 4 _aEARL CADOGAN AND ANOTHER V SPORTELLI AND ANOTHER
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-RESIDENTIAL PROPERTY-LEASEHOLD RESIDENTIAL PROPERTY-RESIDENTIAL LANDLORD AND TENANT-RESIDENTIAL LEASES-RESIDENTIAL LEASEHOLD ENFRANCHISEMENT
690 _aMANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-TRIBUNALS-LEASEHOLD VALUATION TRIBUNALS
856 4 0 _uhttps://www.landstribunal.gov.uk/aspx/view.aspx?id=486
_zView the judgment free of charge at www.landstribunal.gov.uk...
942 _n0
999 _c79944
_d79944