Cases - National Grid Co plc v M25 Group Ltd

Record details

Name

National Grid Co plc v M25 Group Ltd

Date

[1998]

Citation

2 EGLR 85

Keywords

Negligence in valuations and surveys

Summary

The Court of Appeal held that, on the correct interpretation of the rent review provisions in a particular lease, an independent expert had exclusive jurisdiction over the 'valuation question'. However, the expert did not have the exclusive power to interpret the terms in the lease setting out the basis on which the rent was to be reviewed. As a result, the court could give a ruling on such matters, at least before a 'non-speaking' valuation had been made. For the distinction between a speaking award as opposed to a non-speaking award see Burgess v Purchase & Sons (Farms) [1983] Ch 216; J.T. Sydenham & Co. v Enichem Elastomers [1989] 1 EGLR 257 and Apus Properties v Douglas Farrow & Co [1989] 2 EGLR 265.