Flats: new lease claims: valuation issues
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In Sportelli, the tribunal concluded that for a lease with less than 20 years unexpired, the deferment rate would need to have regard to the property cycle at the time of valuation (para. 85).
Two Leasehold Valuation Tribunal (LVT) decisions followed Sportelli where the unexpired terms were 3.38 years and 5.12...
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