[2024] UKUT 26 (LC)

Case No: LC-2023-554

ON APPEAL FROM THE FIRST-TIER TRIBUNAL (PROPERTY CHAMBER)

FTT Ref: LON/00BK/OLR/2022/0535

Royal Courts of Justice

12 December 2023

TRIBUNALS, COURTS AND ENFORCEMENT ACT 2007

LEASEHOLD ENFRANCHISEMENT – PREMIUM – improvements – value of precarious rights – comparables – post-valuation date evidence – relativity - value of Act rights

BETWEEN:

DAEJAN INVESTMENTS LIMITED

Appellant

-and-

NIGEL AND LINDA COLLINS

Respondents

207 Ashley Gardens,

Emery Hill Street,

London,

SW1P 1PA

Judge Elizabeth Cooke and Mr Mark Higgin FRICS FIRRV

Decision date9 February 2024

Ms Nicola Muir for the appellant, instructed by Wallace LLP

Mr Mark Loveday for the respondents, instructed by Lawrence Stephens Limited

© CROWN COPYRIGHT 2024

The following cases are referred to in this decision:

Carey-Morgan and Stephenson v Trustees of the Sloane Stanley Estate [2012] EWCA Civ 1181

Contractreal Ltd v Smith [2017] UKUT 178 (LC)

Deritend Investments (Birkdale) Limited v Treskonova [2020] UKUT 0164 (LC)

Elmbirch Properties plc [2017] UKUT 314 (LC)

Mallory v Orchidbase Limited [2016] UKUT 0468 (LC)

Midland Freeholds Ltd & Anor [2017] UKUT 463 (LC)

Nailrile Ltd v Cadogan & Ors [2009] RVR 95

Reiss v Ironhawk [2018] UKUT 0311 (LC)

Roberts & Anor v Gardner & Anor [2018] UKUT 64 (LC)

Sarum Properties Ltd v Webb and Ors [2009] UKUT 188 (LC)

Sinclair Gardens Investments (Kensington) Ltd [2017] UKUT 494 (LC)

The Trustees of the Sloane Stanley Estate v Mundy [2016] UKUT 223 (LC)

Trustees of Barry and Peggy High Foundation v Zucconi and Anor [2019] UKUT 242 (LC)