LEASEHOLD ENFRANCHISEMENT – collective enfranchisement – whether owner of an intermediate leasehold could withdraw an agreement that the interest was to be acquired by the nominee purchaser – assessment of price – existence of substantial value in ability to develop building back to a single house – whether the assumptions required under Leasehold Reform, Housing and Urban Development Act 1993 schedule 6 para 3 prevented the owners of either of the intermediate leasehold interests from enjoying any of the development value – consideration of Earl Cadogan v Sportelli [2010] 1 AC 226 – assessment of the value of the potential development – appeal allowed in part – price determined at pounds 6,856,500
Citations:
[2012] UKUT 68 (AAC)
Links:
Jurisdiction:
England and Wales
Landlord and Tenant
Updated: 26 May 2022; Ref: scu.462564
