What does the Leasehold Valuation Tribunal do?
The LVT is part of the Residential Property Tribunal Service (RPTS). The LVT acts as an independent arbitrator to decide whether service charges are reasonable. Initially there is an application fee, which can vary between £300 and £500. The LVT doesn’t have the power to award costs, so if you decide to employ professionals such as surveyors or solicitors to help your case, you will have to cover the cost of their bills yourself.
