Category: Information

Law Commission publishes report on valuation in enfranchisement

Post author By ILAadmin
Post date January 22, 2020
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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

Housing ILA Information Islington Leaseholders Meetings Website

ILA Meet Wed 08.01.20

Islington Leaseholders Association Monthly Meeting

Wednesday 8^th January 2020

Islington Town Hall

7pm – 9pm

Welcome to the first meet of the new year, and new decade.

Guests tbc

Hosting the Meet – Dr Brian Potter

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

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

Tags "Dr Potter", Brian Potter, Ila, ILA Islington Leaseholders meeting, Islington Council, Islington Leaseholders Association, Islington Leaseholders meeting, leaseholder, Leaseholders, Major Works, Meeting, overcharging, Partners, Partners Resident Residents Forum, Partners Resident Scrutiny Arrangements, Service Charges, Tribune

Housing ILA Information Islington Leaseholders Meetings Website

ILA Meet Wed 11.12.19

Islington Leaseholders Association Monthly Meeting

Wednesday 11^th December 2019

Islington Town Hall

7pm – 9pm

Guests tbc

Hosting the Meet – Dr Brian Potter

Website www.ila.org.uk

Twitter @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

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

Tags "Dr Potter", Brian Potter, Ila, ILA Islington Leaseholders meeting, Islington Council, Islington Leaseholders Association, Islington Leaseholders meeting, leaseholder, Leaseholders, Major Works, Meeting, overcharging, Partners, Partners Resident Residents Forum, Partners Resident Scrutiny Arrangements, Service Charges, Tribune

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

Post author By ILAadmin
Post date December 5, 2019
No Comments on £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