LEASEHOLD ENFRANCHISEMENT – DEVELOPMENT POTENTIAL – property purchased at auction four months before valuation date – enfranchisement premium determined at less than a third of auction price – sufficiency of FTT’s reasons – whether FTT bound to adopt auction price as market value – s.24, Leasehold Reform, Housing and Urban Development Act 1993 – appeal dismissed
Citations:
[2022] UKUT 231 (LC)
Links:
Jurisdiction:
England and Wales
Landlord and Tenant
Updated: 20 September 2022; Ref: scu.680986