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Housing term

Leasehold Valuation Tribunal(LVT)

The Leasehold Valuation Tribunal (LVT) is an independent tribunal in the United Kingdom that hears a variety of disputes between landlords, tenants, and other interested parties in relation to residential leasehold properties. The LVT provides a fast, informal, and cost-effective way of settling disputes by providing a fair and impartial decision. The LVT is empowered to make binding decisions on matters such as setting service charges, granting permission for works to be carried out, and determining the amount payable for the grant of a new lease. The LVT’s primary purpose is to resolve disputes in a fair and effective manner. The LVT has jurisdiction over all residential leasehold properties in England and Wales, including sheltered and retirement housing, and has the power to make awards of compensation where appropriate. The LVT has the power to make orders for the payment of costs, including costs of representation.