Graphs of relativity

In an article that I recently published on this site looking at relativity and the 47 Philimore Gardens decision see http://www.leaseholdreformnews.com/latifa-kosta-v-the-trustees-of-the-phillimore-estate-2014-ukut-0319-lc-47-phillimore-gardens/ I made a reference to graphs of relativity and the site www.graphsofrelativity.co.uk to show the general shape of the relativity curve. I have noticed that the link did not appear in the article properly and so it is posted again …

What constitutes a reasonable offer?

The case of Westbrook Dolphin Square (see http://www.leaseholdreformnews.com/westbrook-dolphin-square-ltd-v-friends-life-ltd-2014-ewhc-2433-ch/)  is a long decision of the High Court and has been appealed by the landlord on what might be termed the ‘policy point’ – i.e the question of whether the creation of a scheme that successfully avoids Section 5 of the 1993 Act actually offends public policy. We will have to see …

Is Tandon dead ?

This was the question posed by Philip Rainey QC in his case update at the 15th ALEP Conference at the Royal Institution on 21st October 2014. The case of Jewelcraft v Pressland (see http://www.leaseholdreformnews.com/jewelcraft-v-pressland/) does somewhat leave that question open. The facts of this case were very similar to Henley v Cohen (shop with flat above, no internal access). The landlord …

Where next for deferment rate?

The question of deferment rate is generally thought to be settled at around 5% following the decision in Voyvoda (see http://www.leaseholdreformnews.com/voyvoda-v-grosvenor-west-end-properties-2014-lt-r-10/). However, there was some interesting debate at the 15th ALEP Conference on 21st October 2014  http://www.alep.org.uk between valuers on this point. Interestingly, long term market evidence could perhaps show much lower yields than the ‘lower’ rates applied in Sportelli, suggesting that …