Price payable for freehold – Valuation – Disregard of lessee’s improvements – Earlier lessees converting house into five flatlets – Later lessees adding value by undoing the conversion
Did the later (undoing) works amount to an “improvement”?
Yes, according to the House of Lords in John Lyon’s Charity v Shalson [2003] UKHL 32; [2003] 27 EG 139. See John Murdoch’s analysis of the case in
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
- Breaking news, interviews and market updates
- Expert legal commentary, market trends and case law
- In-depth reports and expert analysis
Price payable for freehold – Valuation – Disregard of lessee’s improvements – Earlier lessees converting house into five flatlets – Later lessees adding value by undoing the conversion
Did the later (undoing) works amount to an “improvement”?
Yes, according to the House of Lords in John Lyon’s Charity v Shalson [2003] UKHL 32; [2003] 27 EG 139. See John Murdoch’s analysis of the case in Home improvements Estates Gazette 19 July 2003, p117.
