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Councillors Financial Housing ILA Islington LBI Leaseholders Major Works Repairs Service Charges

Council asked why are Leaseholders getting huge £72K Bills?

ILA’s Dr Potter asking Islington Council staff Ian Swift and Councillor Una OHalloran at last nights February ILA meeting on 14.02.24 why individual Leaseholders are getting huge bills for £46K and £72K.

Islington Council staff Ian Swift and Councillor Una OHalloran and ILAs Dr Potter at ILA meeting 14.02.24. IMG_5945

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Councillors Cyclical Works Financial Government Housing ILA Islington LBI Leaseholders Repairs

Questions For Islington Council Causing Distress To Residents

Dr Brian Potter, sent the Letter of October 23 from MP Michael Gove to Victoria Lawson, CEO Islington Council to the tribune this week obo the ILA.

The Tribune published it in this weeks edition…

The letter discusses the Housing Ombudsman’s Special Report condemning Islington Councils  “severe maladministration rate [which] is four times the national average”.

Gove goes on  “This is unacceptable. The report identifies unreasonable delays, poor record keeping and communication with your residents, and a failure to follow your own policies and procedures. You failed to identify underlying issues – instead, you took a superficial look at problems such as damp and mould. It is not surprising that, as a result, many of your residents have suffered prolonged periods of distress”

Since it was dated Oct 23., Dr Potter suggests the Questions we should ask are…
Why did we not know about it until this week…?
and what has/will the council do about it now that it is in the public domain…?

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Councillors Cyclical Works Financial Housing ILA LBI Leaseholders Repairs Service Charges

ILA in Gazette 08.02.24

This weeks letter in the Gazette…

Judging from what I have read in the press of late, plus the horror stories which I hear at the monthly meetings of the Islington Leaseholders Association, (in Islington Town Hall), leaseholders are being unmercifully targeted financially by the council and their contractors.

Whilst the Cyclic/Major works costing are of primary interest to leaseholders, of secondary concern is the actual “Quality” of the work observed. Unfortunately this aspect of leasehold complaints is probably, due for the main part to the overall neglect of adequate inspection by the councils own building control department.

On behalf of the ILA I have frequently asked the upper echelon of the council how many surveyors do the council directly employ in order to provide a sufficient degree of control over their contractors, and even more important, SUB CONTRACTORS on council estates…their answer has always been 70…!!!

My secondary question has always been, how many are RICS members, the answer is invariably, none, except on one occasion when they corrected themselves and stated, one..me, but I do need to pay my fees, straight way…

A further question as to why were they not RICS, elicited the reply, “cost of membership”.

So, Just who will inspect the INSPECTORS. In the main, the problems associated with massive bills, enforced on both leaseholder, as well as TENANTS, who pay for the councils disgraceful lack of control by way of ever increasing rents, sits firmly on the council shoulders as result of their inability to control the contracts they issue on our behalf…

Any way you look at it…since the council use our money to pay the contractor directly, surely they must be considered to be simply a managing agent…and as such responsible to the Residents of this borough…Corporate responsibility…???

Dr Potter

Chairman ILA  

read more in Gazzette

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Councillors Financial Government ILA Islington LBI Leaseholders Leases

Millions could be raised in Islington leasehold sale

With the Leasehold reform bill on its way, its maybe time for Islington council to consider options like this.

Originally written by Jon Dean Thursday, November 1, 2012.

More than £20million could be raised for new homes if Islington Council becomes the first to adopt a pioneering scheme suggested by homeowners.

The plan, thought to be the first of its kind in the country, would see the town hall offer leaseholders a one-off chance to extend their leases by 99 years at a knock-down price.
With around 11,000 people owning former council properties, the initiative could raise in the region of £22million if the price was set at £2,000 as suggested.
The idea is the brainchild of Brian Potter, chairman of the Islington Leaseholders Association (ILA), who contacted Cllr Catherine West, leader of Islington Council, to put forward the proposal.
He said: “The beauty of this idea is that homeowners get security for two generations and can leave their home to their children, while Islington Council get some much needed funds.
“I think they will go for it – I mean, they will definitely want the cash. Other councils are raising money by selling off properties…they’re selling the family silver. 
“This way Islington get to keep the silver and make bundles of money by essentially selling cans of air.”
When people buy a former council home, they usually buy a lease for the property for a fixed period, normally 125 years, while the town hall retains the freehold. 
When the lease gets down to around 80 years, it can be hard to sell or mortgage the property and extending the lease can be a costly, complicated process. 
The cost of extending a lease on home worth £200,000 starts at around £7,500.
Under the proposed scheme the price of extending would be between £1,000 and £3,000 depending on the value of the property.
The council confirmed it was looking into the idea.
Cllr James Murray, Islington Council’s executive member for housing, said: “We are keen to look at new ideas like this, particularly at a time when we continue to face huge cuts to our funding by central government.

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Financial Government Housing ILA Information Islington Leaseholders Leases Service Charges

Law Commission publishes report on valuation in enfranchisement

On Wednesday 8th January the Law Commission published its report – “Leasehold home ownership: buying your freehold or extending your lease”. The Commission sets out options to reduce the cost that leaseholders have to pay to buy the freehold or extend the lease of their homes, and follows its September 2018 consultation paper. Click here for more information and a summary of the options in the report

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Councillors Cyclical Works Financial Housing ILA Information Islington LBI Leaseholders Major Works PFI Repairs Service Charges

£9million of taxpayers’ money went to ‘offshore tax haven’ through Islington Council’s out-sourced housing deals

From PFI article in ISLINGTON GAZETTE this week

Between 2012 and 2018, JLIF which invested in 65 PFI and Public Private Partnership schemes around the world, had pre-tax profits of £526.1m but paid only paid £2.1m (or 0.4pc) in UK tax. Academic and housing campaigner Stuart Hodkinson, whose 2019 work Safe As Houses scrutinies the “corporate greed” of PFI schemes, estimates the total contract value of PFI 1 is £357m, while PFI 2 is said to be worth £421.3m.

Dr Brian Potter, chair of Islington Leaseholders Association, led a campaign to stop the PFI deals in the early 2000s. He argues offshore or tax haven registered companies profiting from PFI deals, while not illegal, is “unethical” and “insidious”. He said: “This is one of the major problems with selling off contacts. Once you have sold the contract you have no control, so there is no quality control – nobody accepts responsibility for anything wrong with the original contract. You’re just left with a money spinning machine just eating money over the years. It was the worst council financing decision.”

Read the full story here

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Councillors Financial ILA Information Islington Leaseholders Meetings PFI Website

Annual Leaseholders Fair – Wednesday 14.10.19

Annual Leaseholders Fair 
Will take place on
Monday 14 October 2019
3pm – 7.30pm,
At the 
Williamson Street Community Centre
76 Parkhurt Road, London N7 0SZ

Islington Leaseholders Association will be attending

Please come and meet Dr Brian Potter Chairman (ILA) and ILA Directors. 

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Councillors Financial Housing Information Leaseholders Major Works Repairs Website

London Mayor betrays 34 estates over housing ballots

Mayor quietly signs off funding for 34 estates, dodging new ballot rules

At Mayor’s Question Time this week, the Mayor gave me a firm promise not to sign off any new funding for estate demolition while his new policy to require a ballot of residents was out for consultation. But he was concealing the fact he has recently rushed through funding for dozens of controversial schemes, allowing councils and housing associations to dodge his new policy.

The new policy to require ballots was announced on 2 February, with a consultation on the details (such as the size of schemes, who can vote, whether independent organisations should carry them out etc) open until 3 April.

I asked him at MQT this week not to sign off any schemes meanwhile, and he was clear he would not do this, saying: “I will be signing no new funding contracts until the consultation has ended and we’ve published the final guide.”

This seemed quite good. Along with campaigners from many estates across London, and with the support of the Assembly, I’ve been working to change the Mayor’s policy on giving residents a say since his truly appalling draft ‘Good Practice Guide’ to estate regeneration was published in December 2016. A consultation on that draft closed nearly a year ago in March 2017, and the results were that 95 per cent of responders asked for ballots for residents facing demolition.

However,

I have now found out that, all this time, the Mayor has been quietly signing off funding for some of the most controversial estate schemes in London….despite promising in his manifesto to “require that estate regeneration only takes place where there is resident support, based on full and transparent consultation.”

By Sian Berry

Read More

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Financial Information Leaseholders Leases

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

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Cyclical Works Financial Housing ILA Information Islington LBI Leaseholders Listed Buildings Major Works Meetings Partners PFI Repairs Service Charges

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

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

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Councillors Financial ILA Information Islington Leaseholders Meetings PFI Website

Annual Leaseholders Fair – Wednesday 11.10.17

Annual Leaseholders Fair 

Will take place on Wednesday 11 October 2017

3pm – 7.30pm,

At the Resource for London,

356 Holloway Road, London N7 6PA.

Islington Leaseholders Association will be attending

Please come and meet Dr Brian Potter Chairman (ILA) and ILA Directors. 

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