Open-market rent (AST)

17b Market Place, Falloden Way, London NW11 6JY

First-tier Tribunal (Property Chamber) rent determination · case LON/00AC/MNR/2024/0358

The tribunal's decision

£1,500 / month

The landlord asked for £1,400/month; the tribunal set a higher open-market figure — an outcome the pre-2026 rules allowed but the Renters' Rights Act has since abolished.

Stated in the decision as "£1,500 per month". Decided 27 Jan 2025.

What this decision means

In an open-market rent case, the tribunal determines what the property would reasonably let for on the open market — usually after a tenant refers a Section 13 rent increase notice. The panel (typically including a chartered surveyor) considers local comparable lettings and the property's condition, and may deduct for disrepair or tenant improvements.

Read the full reasoning in the official decision: gov.uk decision page · decision PDF. Contains public sector information licensed under the Open Government Licence v3.0.

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