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10/04/2019

Appeal: Occupancy condition lifted on ‘out of reach’ property

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For Sale / iStock: 1132773333

An inspector has removed a condition limiting the occupancy of a barn conversion near Winchester, ruling that its valuation put it ‘out of reach of the vast majority of rural workers’.

In May 2017, an offer of £900,000 was made – and subsequently increased to £950,000 – which Taylor noted was closer to the asking price. However, this potential purchaser could not comply with the condition. She considered it reasonable for the appellant to take this into account when considering offers on the house.

Although evidence as to how the valuation had been reached “could h.....Sign Up or Login to read full article

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