Important Decisions from 2024 Offering Clearer Guidance on Valuation Determination

In 2024, several significant decisions have influenced industry practices and negotiations with operators. In 2024, several significant decisions have influenced industry practices and negotiations with operators. Two key rulings that all site providers landlords should be aware of are Vache Farm and Ewefields Farm. These decisions offer further clarity on valuation determinations and represent a revision of the previously imposed site payments in the Dale Park decision for "unexceptional rural sites," which was set at £750 per annum. The revised site payment, as established in Vache Farm, is £1,750 per annum, aligning with inflation adjustments. Following Vache Farm,[...]

By |September 25th, 2024|Categories: Estates|Comments Off on Important Decisions from 2024 Offering Clearer Guidance on Valuation Determination
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