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21 February 2014 / James Driscoll
Issue: 7595 / Categories: Features , Property
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New lease of life

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James Driscoll summarises the key developments in the law relating to residential long leases in the past year

For the two million or so households who own leasehold flats, disputes over service charges and other criticisms of the general quality of management of a block of flats are all too common. These days, almost all such disputes are resolved in what is commonly known as the leasehold valuation tribunal. A key development this year was the merger of the Leasehold Valuation Tribunal (LVT), the rent assessment committee, the residential property tribunal, the Adjudicator for the Land Registry and the Agricultural Tribunal into a new First-tier Tribunal (Property Chamber) with new procedural rules, the Tribunal Procedure (First-tier Tribunal) (Property Chamber) Rules 2013 (with appeals to the Upper Tribunal (Lands Chamber)).

 

Service charges

As always, there have been several decisions of the courts and the tribunal to consider. The most significant decision this year was that of the Supreme Court in Daejan Investments v Benson [2013] UKSC 14, [2013] 2 All ER 375. In

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NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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