Latest LVT Developments

The Central London LVT has recently changed its practice and procedure relating to lease extension and freehold purchase claims. Most of these came into effect as of January 2007 but the changes relating to listing are being applied only to new cases (i.e. applications received since the start of this year).

Under the new procedures once an application is made the Tribunal will write to the parties acknowledging receipt of the application and will offer the parties (if they both agree) an opportunity for further negotiations to take place. To take advantage of this both sides must confirm their agreement in writing within 14 days of the Tribunal’s request. If this is done, no further steps will be taken to list the matter for a further period of 3 months.