LT LEASEHOLD ENFRANCHISEMENT – houses and flats in central London – appeals heard together regarding deferment rate – no convention that 6% established – absence of market evidence – decisions of LVTs and Lands Tribunal – settlements – financial markets – index-linked gilts – appeals allowed – deferment rates of 4.5%, 4.75% and 6.4% applied – Leasehold Reform Act 1967, s9(1C) and Leasehold Reform, Housing and Urban Development Act 1993, Schedules 6 and 13.
Citations:
[2005] EWLands LRA – 23 – 2004, [2005] 3 EGLR 139, [2005] RVR 401, [2005] 41 EG 204,
Links:
Statutes:
Leasehold Reform, Housing and Urban Development Act 1993, Leasehold Reform Act 1967 9(1)(c)
Cited by:
Cited – Earl Cadogan v Pitts and Wang; Similar HL 10-Dec-2008
The House considered the basis of valuation on an acquisition of the freehold reversion of a lease under the 1967 Act of the three elements, the rent, vacant possession after the lease, and the marriage or hope value of the two interests when . .
Lists of cited by and citing cases may be incomplete.
Landlord and Tenant
Updated: 04 July 2022; Ref: scu.230122
