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43 Hasker Street, London, SW3 2LE LON/00AW/F77/2023/0314
FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No
LON/00AW/F77/2023/0314
Between
Mrs V J Roles
Applicant
Northumberland & Durham Property Trust Limited
Respondent
Mrs V J Roles
Tenant
Northumberland & Durham Property Trust Limited
Landlord
Before
Tribunal Judge MacQueen
Date
18 January 2024
Property: 43 Hasker Street, London, SW3 2LE
DECISION
The sum of
£6
600 per quarter will be registered as the fair rent with effect from
18 January 2024
, being the date the Tribunal made the Decision. ____________________________________ © CROWN COPYRIGHT 2023 FIRST - TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) 2 SUMMARY REASONS Background
[1]
Following an objection from the Landlord 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]
There were no written submissions from the parties. The Tribunal considered the documents that had been sent by the Valuation Office Agency. Determination and Valuation
[4]
This is a terraced house with full central heating, which was installed by the Tenant. The accommodation is comprised of: Basement: a kitchen and a shower room / w.c. Ground : Double reception and a bathroom / w.c 1st Floor: 2 rooms. 2nd Floor: Loft storage. Outside garden The property is let under a Full Repairing Lease, and the tenant is responsible for all repairs and decoration.
[5]
Having consideration of our own expert, general knowledge of rental values in the area, we consider that the open market rent for the property in the condition and with the amenities the market would expected to be in the region of
£15,000
per quarter.
[6]
This hypothetical rent is adjusted as necessary to allow for the differences between the terms and conditions considered usual for such a letting in today’s market and the condition of the actual property at the date of the determination under the
Rent Act 1977
. Any rental benefit derived from Tenant’s improvements is disregarded. A deduction of 50% was made to reflect the nature of the lease.
[7]
A further deduction for Scarcity of 20% was then made to reach an uncapped Fair Rent for the purposes of s.70. giving a final uncapped rent of
£6,600
per quarter. 3 Decision
[8]
The capped rent for the property according to the provisions of the
Rent Acts (Maximum Fair Rent) Order 1999
is calculated at
£7,905
per quarter. The calculation of the capped rent is shown on the decision form. In this case, the lower rent of
£6,600
per quarter is to be registered as the fair rent for this property. Chairman: Tribunal Judge MacQueen Date:
18 January 2024
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 subsequent application for permission to appeal should be made on Form RP PTA
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