Sussex Lease Extensions Blog

Successful Leasehold Valuation Tribunal Determination – Streatham, South West London

Julian Wilkins successfully represented two leaseholders at the London Area Leasehold Valuation Tribunal (LVT) regarding lease extension claims in Lewin Road, Streatham, south West London.

The cases related to two converted flats with 76 year unexpired leases. The freeholders counter notices requested premiums of £24,000 & £28,000 and the freeholder refused to negotiate. The case hearing was heard by the LVT in March 2012 with Julian contending premiums of £8,400 & £9,000 and also contending the freeholder’s S60 costs were excessive. The determination has just been issued by the LVT with premiums determined only marginally above Julian’s valuations at £9,548 & £10,314 and the S60 costs were reduced by over £2,000.

This entry was posted on Wednesday, May 9th, 2012 at 9:30 am and is filed under Fresh News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.