Flat 6 Westmorland House, Fieldway Crescent, London N5 IQE

From the tribunal's valuation

Section 14 of the Housing Act 1988 requires the Tribunal to determine the rent at which it considers the Property might reasonably be expected to be let on the open market by a willing landlord under an assured tenancy, on the terms of the subject tenancy other than as to rent, and disregarding the matters set out in section 14(2). Those disregards include any effect on the rent attributable to the fact that the Tenants are sitting tenants, and any increase in value attributable to a relevant improvement carried out by the Tenants. … The Tribunal is grateful to both parties for the comprehensive written statements, the comparable evidence provided by the Landlord and helpful submissions made at the hearing. The evidence relied upon by the Landlord consists of advertised asking rents rather than achieved rents. Asking rents are of assistance in establishing the tone of the market but they are not conclusive, since a property can only, since 1 May 2026, let at that, or a figure below the rent at which it was advertised. Advertised rents are now therefore the maximum amounts that a landlord can achieve. … The Tribunal considered the best available comparable was shown on page 71 of the bundle showing a four bedroom flat in the same building was let at £3995. This property has two bathrooms and a superior layout. …

An extract. To keep people's names out, any sentence that might contain one is left out (marked …). The full reasons are in the original decision.

The original

• This decision on GOV.UK
• PDF

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