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KBK
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Last Activity: 19-04-2018, 15:34 PM
Joined: 28-01-2010
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  • KBK
    replied to Freehold Purchase
    Many thanks for all the replies. Regarding the above, can anybody recommend a valuer. Any suggestion here or via the message facility would be most welcome.
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  • KBK
    replied to Freehold Purchase
    Thank you Gordon999 for producing a copy of the 2017 decision. Reading an actual case is always useful. Regarding sgclacy's helpful comment about the capitalisation rate, the ground rent in my case would be for about 100 flats, so economies of scale in respect of collection, would apply. On the other...
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  • KBK
    replied to Freehold Purchase
    Thank you sgclacy for your post. Just over 70 flats are involved in the enfranchisement. The freeholder has shown no sign of reaching an agreement on the proposal of a 5% Def rate and a 6% Cap rate or even rates near to those proposed.
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  • KBK
    replied to Freehold Purchase
    I now have to convince a Tribunal that a Deferment rate of 5% and a Capitalisation rate of 6% should be applied to the flats. Is it safe to assume that the Tribunal will come to that conclusion on its own or will I need "Expert" evidence? Is it usual to have oral or written evidence? Can...
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