331 Jamacia Street, London, E1 3HU LON/00BG/MNR/2024/0663
DECISION
The Tribunal determines a rent of £2125.00 per month with effect from 8 October 2024. ____________________________________ © CROWN COPYRIGHT 2025 FIRST - TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) 2 SUMMARY REASONS Background[1]On 10 August 2024 the Landlord served a notice under Section 13(2) of the Housing Act 1988 which proposed a new rent of £2500.00 per month in place of the existing rent of £1950 per month to take effect from 8 October 2024.[2]On 15 November 2024 under Section 13(4)(a) of the Housing Act 1988, the Tenant referred the Landlord’s notice proposing a new rent to the Tribunal for determination of a market rent. The Tenant’s referral was received by the Tribunal on 3 October 2024. Inspection[3]The Tribunal has carried out an inspection of the property on 21 January 2025. Present were the tenant and their family and also the landlord. The property comprises a ground and first floor maisonette with garden comprising one living room, three bedrooms one bathroom and a garden. Evidence[4]The Tribunal has consideration of the written submissions provided by the Tenant and the Landlord. Determination and Valuation[5]Having consideration of the comparable evidence proved by the parties and of 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 £2500.00 per calendar month. From this level of rent we have adjusted in relation to: There is not central heating in each room/ the windows in the bathroom appear defective and there is mould in the bathroom, the flooring is tired in places / the kitchen units are worn in places and the conservatory has a degree of disrepair.[6]The full valuation is shown below: Market rent in good tenantable condition - £2500 per month Less 15% for adjustments above £375.00 per month Total £ 2125.00 per month Decision 3[7]The Tribunal therefore determined that the rent at which the subject property might reasonably be expected to be let in the open market by a willing Landlord under an assured tenancy was £2125.00 per month.[9]The Tribunal directs the new rent of £2125.00 per month to take effect on 8 October 2024. This being the date as set out in the Landlord’s Notice of Increase. Chairman: R Waterhouse FRICS Date: 21 January 2025 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.