Enter the value of the existing property, the proposed property, the claimant's life expectancy, and the discount rate. The calculator determines the reversionary interest and the net award.
Swift v Carpenter
Calculate the reversionary interest in a new property. Converts the cost differential into an award after accounting for the estate's reversionary interest.
Award
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Method:The claimant is awarded only the loss of use of the additional capital for the rest of their life: the reversionary interest (the estate's eventual receipt of the uplift) is deducted. Per Swift v Carpenter [2020] EWCA Civ 1295 the discount rate reflecting market returns is applied over the claimant's life expectancy.