UTLC LEASEHOLD ENFRANCHISEMENT – Flat – extended lease – premium – apportionment of premium between freeholder and head lessee – whether no-Act assumption restricted to appeal flat – probability of receiving profit income above a threshold level – definition of net receipts – valuation treatment of initial ground rent – section 56 and Schedule 13 Leasehold Reform, Housing and Urban Development Act 1993 – appeal allowed – cross-appeal dismissed
Citations:
[2017] UKUT 242 (LC)
Links:
Jurisdiction:
England and Wales
Landlord and Tenant
Updated: 28 March 2022; Ref: scu.591399