A dispute over the freehold valuation of property in St John’s Wood, London NW8, moved to the House of Lords today.
The Lords began hearing a final appeal by the leasehold tenant of a house in Hamilton Terrace, St John’s Wood, who failed in an Appeal Court bid in April last year to overturn a Lands Tribunal decision. The tribunal had ruled that the price payable for the freehold under the Leasehold Reform Act 1967 should be £398,200.
The tenant, Peter Shalson, claims that the tribunal had been wrong to find that the conversion of the property from a house that had been divided into five flats to a single house did not constitute “works of improvement to be disregarded pursuant to paragraph (d) of section 9(1A) of the Act”.
Judgment will be reserved at the end of the hearing and will subsequently be given in writing.
John Lyon’s Charity v Shalson
References: PLS News 29/4/03
