8 Bonfield Road, London SE13 6BY LON/00AZ/F77/2024/0182

FIRST-TIER TRIBUNAL
PROPERTY CHAMBER (RESIDENTIAL PROPERTY)
Case No LON/00AZ/F77/2024/0182
Between
Mrs Ellen Grant & Julie DurstonApplicantRoman Catholic Diocese of SouthwarkRespondentMrs Ellen Grant & Julie DurstonTenantRoman Catholic Diocese of SouthwarkLandlord
Before
Mr D Jagger MRICSDate 16 July 2024Property: 8 Bonfield Road, London, SE13 6BY

DECISION

The sum of £877 per calendar month will be registered as the fair rent with effect from 16th July 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 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. Evidence and Inspection[2]There were no written submissions from either party. The Tribunal did not inspect the property. Determination and Valuation[4]Having consideration of our own expert, general knowledge of rental values in the Lewisham area, we consider that the open market rent for the property in its current condition would be in the region of £2,600 per calendar month From this level of rent we have made adjustments in relation to: Tenants repairing obligations, no white goods, no carpets and curtains, unmodernised kitchen and sanitary fittings.[5]The Tribunal has also made an adjustment for scarcity at 20%[6]The full valuation is shown below: Per Month Market Rent £2,6600 Less approx. 30% £780 £1820 Less Scarcity approx. 20% £364 £1,456[7]The Tribunal determines a rent of £877 per calendar month 3 Decision[8]The uncapped fair rent initially determined by the Tribunal, for the purposes of section 70, was £1456 per calendar month. The capped rent for the property according to the provisions of the Rent Acts (Maximum Fair Rent) Order 1999 is calculated at £877 per calendar month. The calculation of the capped rent is shown on the decision form. In this case the lower rent of £877 per calendar month is to be registered as the fair rent for this property. The formula for the calculation of the maximum fair rent is based upon the RPI figures which have seen significant increases in the past 18 months due to significant inflation and this has generated the capped rental figure. Chairman: Duncan Jagger MRICS Date: 16th July 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