UTLC LEASEHOLD ENFRANCHISEMENT – collective enfranchisement – whether price enhanced by value potentially available from a reconversion of the relevant building into a single house – extent of the additional value potentially realisable from such a reconversion – extent of risks regarding ability to obtain vacant possession and carry out such redevelopment including whether planning permission would be needed and (if needed) would be granted – how such risks would affect a properly advised hypothetical purchaser – nature of such a hypothetical purchaser and of the advice he should be assumed to act upon – Leasehold Reform, Housing and Urban Development Act 1993 section 61 and Schedule 14
Judges:
Judge Nicholas Huskinson
Citations:
[2010] UKUT 321 (LC)
Links:
Jurisdiction:
England and Wales
Landlord and Tenant
Updated: 25 August 2022; Ref: scu.425235
