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Valuation

Assumptions Assumption of -no-Act rights- Crown Estates Commissioners v Whitehall Court London Ltd [2017] UKUT 242 (LC) Summary The UT confirmed that for the purposes of Schedule 13 Paragraph 3(2)(b) of the Leasehold Reform, Housing and Urban Development Act 1993 (-the 1993 Act-), the -no-Act rights- assumption extends not only to the subject flat, but also to any other flats in the same building. This is relevant to the valuation of a headlease of premises comprising the subject flat and…

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