Flat 6 Block E, Peabody Estate, London EC1R 3BE LON/00AU/F77/2026/0091

FIRST-TIER TRIBUNAL

PROPERTY CHAMBER (RESIDENTIAL PROPERTY)

Case No LON/00AU/F77/2026/0091

Between

Mrs M OwusuApplicant

Peabody TrustRespondent

Mrs M OwusuTenant

Peabody TrustLandlord

Before

Judge R Percival

Members

Mr P Morris FRICS

Date 1 June 2026

Property: Flat 6 Block E, Peabody Estate, London, EC1R 3BE

DECISION

The sum of £ 229.50 will be registered as the fair rent with effect from 1 June 2026, being the date the Tribunal made the Decision. ____________________________________ SUMMARY REASONS FIRST - TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) 2 Background

[1]Following an objection from the Tenant to the determination of a fair rent by the Rent Officer, the Tribunal has made a determination under the provisions of the Rent Act 1977. Inspection

[2]The Tribunal did not inspect the property but considered this case on the basis of the papers provided by the parties. Evidence

[3]The Tribunal has considered the written submissions provided by the Tenant (in fact, a letter to the Rent Officer, which was forwarded). She objects to the proportionate increase in the rent, notes that the property has not had significant improvement, and that it created a financial strain on her. We note that the landlord may set the rent at any level up to, but not more than, the fair rent. Determination and Valuation

[4]The parties did not provide comparable properties for our consideration. We did have a list of comparable properties provided by the Rent Officer, which showed weekly rents varying between £761 and £484 per week. Taking these into account, and applying our own expert general knowledge of rental values in the area, we consider that the open market rent for the property in good tenantable condition would be in the region of £650 a week.

[5]We consider we should make adjustments to reflect that fact that the tenant has provided the white goods, the floor coverings and curtains. We also adjust the rent to take account of the tenant’s redecoration responsibilities. These considerations can be valued at £125, taking the rent level to £525.

[6]In addition, we consider that an adjustment should be made for scarcity. The Tribunal considers that in the wider geographical area there is an imbalance of supply and demand impacting on rental values and has, therefore, made a reduction of 15% for scarcity

[7]The uncapped rent thus amounts to £446.25 per week.

[8]The Tribunal determines a rent of £446.25 per week for the purposes of section 70, without consideration of capping. 3 Decision

[9]The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was £446.25 per week. The capped rent for the property according to the provisions of the Rent Acts (Maximum Fair Rent) Order 1999 is calculated at £229.50 per week. The calculation of the capped rent is shown on the decision form. In this case the lower rent of £229.50 is to be registered as the fair rent or this property. Chairman: Judge R Percival Date: 1 June 2026 APPEAL PROVISIONS These summary reasons are provided to give the parties an indication as to how the Tribunal made its decision. If either party wishes to appeal this decision, they should first make a request for full reasons and the details of how to appeal will be set out in the full reasons. Any request for full reasons should be made within a month. Any subsequent application for permission to appeal should be made on Form RP PTA