Freehold Transfer Decision: First-tier Tribunal Approves TR1 Form

OUTCOME: Allowed

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FIRST-TIER TRIBUNAL PROPERTY CHAMBER (RESIDENTIAL PROPERTY) Case reference Claim No : LON/00/OCE/2023/0016 H00EC621 Property : 5 [ADDRESS] [POSTCODE] Applicant/ Claimant : [redacted] (Company Registration Number 12708791) Representative : [NAME] Respondent/ Defendant : [redacted] : N/A Type of [NAME] : Section 25 of the Leasehold Reform, Housing and Urban Development Act 1993 Tribunal members : Judge Tagliavini Mr Kevin Ridgeway FRICS Date of determination and venue : 10 May 2023 at 10 [ADDRESS] [POSTCODE] Date of decision : 10 May 2023

DECISION

Summary of the tribunal’s decision (1) The tribunal approves the draft/form of the TR1 provided by the applicant/claimant to the tribunal for the freehold transfer of the property known as 5 [ADDRESS] [POSTCODE] (‘the Property’). Background

2 1. By an Order pf District Judge Bell sitting at the County Court at Clerkenwell & Shoreditch dated 26 October, the [NAME] made by the applicant/claimant to purchase the freehold of the Property, was transferred to the First-tier Tribunal (Property Chamber) with the direction:

‘The proceedings shall be transferred to the First Tier Tribunal (Property Chamber) for the purposes of determining the form of the freehold conveyancer from the Defendant to the Claimant.’

2. All other matters were decided by the county court, including the premium payable for the transfer of the freehold as the sum(s) specified on the Notice of Intent, thereby providing consideration for the freehold transfer of £105,000. Therefore, the tribunal was required only to consider the terms of the transfer specified in the draft TR1.

3. Having considered the draft TR1 provided by the applicant/claimant and the other documents and orders included in the county court file, the tribunal determines the terms as set out in the draft TR1 Are appropriate and the freehold transfer of the Property should be carried out in that form.

Name: Judge Tagliavini Date: 10 May 2023

Appendix: Valuation setting out the tribunal’s calculations

Rights of appeal

By rule 36(2) of the Tribunal Procedure (First-tier Tribunal) (Property Chamber) Rules 2013, the tribunal is required to notify the parties about any right of appeal they may have. If a party wishes to appeal this decision to the Upper Tribunal (Lands Chamber), then a written [NAME] for permission must be made to the First-tier Tribunal at the regional office which has been dealing with the case. The [NAME] for permission to appeal must arrive at the regional office within 28 days after the tribunal sends written reasons for the decision to the [NAME]. If the [NAME] is not made within the 28 day time limit, such [NAME] must include a request for an extension of time and the reason for not complying with the 28 day time limit; the tribunal will then look at such

3 reason(s) and decide whether to allow the [NAME] for permission to appeal to proceed, despite not being within the time limit. The [NAME] for permission to appeal must identify the decision of the tribunal to which it relates (i.e. give the date, the property and the case number), state the grounds of appeal and state the result the party [NAME] the [NAME] is seeking. If the tribunal refuses to grant permission to appeal, a further [NAME] for permission may be made to the Upper Tribunal (Lands Chamber).

4 CASE REFERENCE LON/00AC/OLR/2014/0106

First-tier Tribunal Property Chamber (Residential Property)

Valuation under Schedule 6 of the Leasehold Reform Housing and Urban Development Act 1993

Premium payable for the freehold interest in [Property]

Valuation date: [Date]