Month: January 2018

Court of Appeal rejects valuation model for residential lease extensions

29th January 2018

On 24 January 2018, the Court of Appeal delivered its decision in Mundy -v- The Trustees of the Sloane Stanley Estate [2018] EWCA Civ 35. The case concerned valuation principles for residential lease extensions under the Leasehold Reform, Housing and Urban Development Act 1993 (LRHUDA 1993). One of the components of a lease extension premium …

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