Landmark leasehold case fails to slash extension costs

Campaigners vow to fight on after appeal court rules in favour of leading London freeholder .  (The Guardian)

Campaigners have failed in a long-running legal battle to slash leasehold costs after the court of appeal ruled in favour of a major London freeholder.

The case, Mundy v the Sloane Stanley Estate, involved a small flat in Chelsea where the lease had fallen to less than 23 years and the freeholder was seeking £420,000 to agree an extension

Campaigners had hoped that a ruling could slice as much as half off the cost of extending a lease or buying a freehold. But the court found in favour of the Sloane Stanley Estate, in a major victory for owners of freehold land, such as the Duke of Westminster’s Grosvenor Estate.

The challenge had been led by surveyor James Wyatt of Parthenia Valuation, who argued that a system of lease valuation commissioned on behalf of the Duke of Westminster more than 20 years ago was invalid.

But lawyers acting on behalf of the Sloane Stanley Estate, which controls land around London’s Sloane Square, King’s Road and Fulham Road, said the Parthenia valuation model proposed by Wyatt was now “consigned to history”. More Info

Anger as thousands unaware they face a ‘second mortgage’

Calls for the delay of a new loan set to replace a state-backed benefit in just 10 weeks’ time     Shane Hickey  ( The Guardian)   Mon 5 Feb 2018 

Many poorer families could be in danger of having their home repossessed as a state-backed benefit is taken away.

The government has been called on to delay a new “second mortgage” scheme, which replaces a benefit for homeowners on low incomes, after just one in 20 affected households have signed up for it.

From April, the government is axing “support for mortgage interest” (SMI) which helps financially constrained homeowners with their mortgage. It will be replaced with a controversial system where the government offers to loan people the money, which will be repaid later with interest.

However, new figures have shown that just 6,850 households have signed up for the scheme out of the 124,000 currently receiving the SMI benefit, prompting calls for the changeover to be delayed.  more info 

 

ILA Meet Wed 14.02.18

Islington Leaseholders Association Meeting

On

Wednesday 14th  February 2018

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

Housing Scrutiny-Information on Partners Resident Scrutiny Arrangements Meeting Tuesday 6th February 2018.

In advance of next week’s Housing Scrutiny meeting which will be considering the performance of Partners, please find attached a note submitted by a Partners tenant on the organisation’s resident scrutiny arrangements. This may inform discussions at the meeting.

The meeting will be held on Tuesday 6th February, 2018, at 7.30pm in Committee Room 4. The pre-meeting will be held from 7-pm in Committee Room 3, at Islington Town Hall.

Please click on this link –PartnersResidentScrutinyNote2018.pdf

ILA Meet Wed 10.01.18

Islington Leaseholders Association Meeting

On

Wednesday 10th  January 2018

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

ILA Meet Wed 13.12.17

Islington Leaseholders Association Meeting

On

Wednesday 13th  December 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

ILA Meet Wed 08.11.17

Islington Leaseholders Association Meeting

On

Wednesday 8th  November 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

ILA Meet Wed 11.10.17

Islington Leaseholders Association Meeting

On

Wednesday 11th  October 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

ILA Meet Wed 13.09.17

Islington Leaseholders Association Meeting

On

Wednesday 13th  September 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

ILA Meet Wed 09.08.17

Islington Leaseholders Association Meeting

On

Wednesday 9th  August 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

 

Dear Islington Leaseholders,

Dr Brian Potter Chairman (ILA) has asked me to forward this interesting article onto you all in The Guardian dated 25thJuly 2017.  Dr Potter will keep you informed. Please see below [1] The Guardian  link to the article.https://www.theguardian.com/money/2017/jul/25/leaseholds-new-build-houses-england-banned-ground-rent-flats

ILA Meet Wed 12.07.17

Islington Leaseholders Association Meeting

On

Wednesday 12th  July 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.

ILA Meet Wed 14.06.17

Islington Leaseholders Association Meeting

On

Wednesday 14th  June 2017

In

Islington Town Hall

At

7pm – 9pm

Hosting the meeting: Dr Brian Potter Chairman (ILA)

Guest Speaker: To be advised

 

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

 

Volunteers wanted

 The ILA are looking for a ‘secretary’ to take minutes and distribute them regularly to all the directors and asks for a volunteer to undertake this essential part of the work, to assist with the smooth running of the organisation.  If you are interested please log into http://www.ila.org.uk/faqs/contact-form.

 

If you wish to join or renew your membership please contact our website ww.ila.org.uk where you can obtain the appropriate membership forms.