- v - (London : Section 48) [2013] UKFTT RP_LON_00AX_OL_2013_0534 (11 September 2013)
The Tribunal determined the premium payable based on an appropriate relativity value of 0.91, a capitalisation rate of 0.065, and a deferment rate of 0.05, with an unexpired term of 68.77 years.
Source-derived case information.
- Citation
- [2013] UKFTT RP_LON_00AX_OL_2013_0534
- Parties
- Applicant: Ms McCarthy; Respondent: Plainworth Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 11 September 2013
- Procedural Posture
- Application for Determination of Premium Payable / Final Judgment
- Outcome
- premium determined
- Legal Topics
- Leasehold Enfranchisement, Premium Determination, Relativity Value
Source-derived case record
Summary, issues, holding and outcome
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Parties
Ms McCarthy
Applicant
Plainworth Limited
Respondent
Procedural Posture
Application for Determination of Premium Payable / Final Judgment
Legal Issues
- 1 What is the appropriate premium payable for lease extension?
- 2 What relativity value should be applied?
Ratio Decidendi
The Tribunal determined the premium payable based on an appropriate relativity value of 0.91, a capitalisation rate of 0.065, and a deferment rate of 0.05, with an unexpired term of 68.77 years.
Court Disposition
premium determined
Orders
- The premium payable for lease extension is determined as per the Tribunal's calculation.
Full Case Text
Judgment text and source record
1 paragraphs
[ Home ] [ Databases ] [ World Law ] [ Multidatabase Search ] [ Help ] [ Feedback ] [ DONATE ] First-tier Tribunal (Property Chamber) You are here: BAILII >> Databases >> First-tier Tribunal (Property Chamber) >> - v - (London : Section 48) [2013] UKFTT RP_LON_00AX_OL_2013_0534 (11 September 2013) URL: https://www.bailii.org/uk/cases/UKFTT/PC/2013/RP_LON_00AX_OL_2013_0534.html Cite as: [2013] UKFTT RP_LON_00AX_OL_2013_0534, [2013] UKFTT RP_LON_AX_OL_2013_534 [ New search ] [ Contents list ] [ Printable PDF version ] [ Help ] - v - (London : Section 48) (11 September 2013) Category 1993 Act Decisions Description An application for the determinationof the premium payable. Issue taken into account was the appropriate relativity value. The decided premium payable i [read more] Address Flat D 15 Claremont Gardens Surrey KT6 4TL Ms McCarthy v Plainworth Limited&nb [read more] Applicant Name - Applicant Type - Respondent Name - Tribunal Reference LON/00AX/OL/2013/0534 S20c - Fees - Costs - Hope Value - Intermediate Lease - Unexpired Term 68.77 years Determination Inc Marriage Capitalisation Rate 0.065 Deferment Rate 0.05 Relativity 0.91 Decision: RP_LON_00AX_OL_2013_0534.pdf BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/uk/cases/UKFTT/PC/2013/RP_LON_00AX_OL_2013_0534.html