Behind much of the valuation work that we undertake for lease extension and freehold purchase, there lies a dispute and none was more graphically illustrated than in the case of a property that we were asked to value in Clapham.
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Valuation under the Leasehold Reform Housing and Urban Development Act 1993 as amended often throws up anomalies which can greatly affect the valuation.
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We have recently been called in to a probate valuation of a property in South London which has been in the same occupation for a number of years where the occupier has failed to seek to purchase the freehold or extend their lease.
Local developers have recently converted their attractive shaker style building in Mitcham into studio rooms to let to try and meet what they consider to be a demand for high specification accommodation which falls between a room to let to lodgers and a purpose built flat.
At a block managed by HNF Property in North London, significant structural works on a block immediately adjacent to the railway line will necessitate the removal of shrubs and the erection of scaffolding in such close proximity to a railway line that it will be necessary for work to be undertaken by specialist approved contractors in hours when the line itself and the supplies thereto can be shut down.
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HNF property have recently been instructed to manage a number of blocks of flats owned by Hotel Group Euro Hotels.
