Flats: new lease claims: valuation issues
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In Examples 1-6 inclusive, the new lease value is £500,000 and the corresponding share of freehold value is £505,050. The relativity of the new lease value to corresponding share of freehold value equates to 99% (£500,000 divided by £505,050, expressed as a percentage).
In the examples where there is a marriage...
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