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KembaraXtra – Legal Terms – Leasehold Valuation Tribunal
A leasehold valuation tribunal was a specialist body established to resolve disputes between landlords and leaseholders, particularly concerning service charges, lease extensions, and the purchase of freeholds. It also had the authority to appoint new managers where existing management arrangements were unsatisfactory.
Introduced in 1997, these tribunals provided a more accessible and less formal forum than courts for resolving leasehold disputes. Their functions have since been transferred to the First-tier Tribunal (Property Chamber), which now handles such matters within the modern tribunal system.
A leasehold valuation tribunal was a specialist body established to resolve disputes between landlords and leaseholders, particularly concerning service charges, lease extensions, and the purchase of freeholds. It also had the authority to appoint new managers where existing management arrangements were unsatisfactory.
Introduced in 1997, these tribunals provided a more accessible and less formal forum than courts for resolving leasehold disputes. Their functions have since been transferred to the First-tier Tribunal (Property Chamber), which now handles such matters within the modern tribunal system.
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