- v - (London : Section 48) [2013] UKFTT RP_LON_OOBA_OLR_2013_0210 (18 October 2013)

- v - (London : Section 48) [2013] UKFTT RP_LON_OOBA_OLR_2013_0210 (18 October 2013)

The tribunal determined the premium for the new lease based on statutory valuation factors including unexpired term, capitalisation rate, deferment rate, and relativity.

Citation
[2013] UKFTT RP_LON_OOBA_OLR_2013_0210
Parties
Applicant: Mr Shellard; Respondent: Mr De Vos
Jurisdiction
England and Wales
Judgment Date
18 October 2013
Procedural Posture
Lease Renewal Determination / Final Decision
Outcome
application granted with order for payment
Legal Topics
Lease Extension, Determination of Premium, Section 48 of the 1993 Act
Property Law Landlord and Tenant Lease Extension Determination of Premium Section 48 of the 1993 Act

Case Brief

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Parties

Mr Shellard

Applicant

Mr De Vos

Respondent

Procedural Posture

Lease Renewal Determination / Final Decision

Legal Issues

  1. 1 What is the appropriate premium to be paid for a new lease under section 48 of the 1993 Act?

Ratio Decidendi

The tribunal determined the premium for the new lease based on statutory valuation factors including unexpired term, capitalisation rate, deferment rate, and relativity.

Court Disposition

application granted with order for payment

Orders

  • Applicant to pay respondent £13,310 for the new lease