UTLC LEASEHOLD ENFRANCHISEMENT – premium payable in respect of new lease – three separate cases – freehold vacant possession value agreed in one case – decision as to freehold vacant possession values in the other two cases – the value of the existing leases with rights under the Leasehold Reform, Housing and Urban Development Act 1993 – ‘real world relativity’ – the Savills 2002 enfranchisable graph – the value of the existing leases without rights under the 1993 Act – hedonic regression – the Parthenia model rejected – the deduction to be made to reflect the absence of rights under the 1993 Act – other graphs of relativity for leases without rights under the 1993 Act – the resulting values – future cases – Leasehold Reform, Housing and Urban Development Act 1993, sch. 13, Part II
[2016] UKUT 223 (LC)
Bailii
England and Wales
Landlord and Tenant
Updated: 16 January 2022; Ref: scu.564152