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Cyclical Works Financial Housing ILA Information Islington Islington Council Lands Tribunal Leaseholders Leases Major Works Meetings Partners Service Charges

ILA Meeting in September

Monthly Meet

on

Wednesday 11th September 2024

in

Islington Town Hall

at

7pm – 9pm

Meetings are held on the second Wednesday of every month

Islington Leaseholders, Please bring a copy of all your correspondence on the issues you wish to refer to…….e.g. s20 estimate. etc,

Hosting the Meet – Dr Brian Potter

All Islington council leaseholders are welcome.

The ILA is the organisation, recognised by the Council, as the body representing some 11,000 leaseholders in the borough.

X (FKA “Twitter”) @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

Please join or renew your membership via our website ww.ila.org.uk . You can obtain the appropriate membership forms from the “Support” tab in menu

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Cyclical Works Financial Housing ILA Information Islington Islington Council Lands Tribunal Leaseholders Leases Major Works Meetings Partners Service Charges

ILA Meeting in August

Monthly Meet

on

Wednesday 14th August 2024

in

Islington Town Hall

at

7pm – 9pm

Islington Leaseholders, Please bring a copy of all your correspondence on the issues you wish to refer to…….e.g. s20 estimate. etc,

Hosting the Meet – Dr Brian Potter

All Islington council leaseholders are welcome.

The ILA is the organisation, recognised by the Council, as the body representing some 11,000 leaseholders in the borough.

X (FKA “Twitter”) @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

Please join or renew your membership via our website ww.ila.org.uk . You can obtain the appropriate membership forms from the “Support” tab in menu

Categories
Cyclical Works Financial Housing ILA Information Islington Islington Council Lands Tribunal Leaseholders Leases Major Works Meetings Partners Service Charges

ILA Meeting in July

Monthly Meet

on

Wednesday 10th July 2024

in

Islington Town Hall

at

7pm – 9pm

Islington Leaseholders, Please bring a copy of all your correspondence on the issues you wish to refer to…….e.g. s20 estimate. etc,

Hosting the Meet – Dr Brian Potter

All Islington council leaseholders are welcome.

The ILA is the organisation, recognised by the Council, as the body representing some 11,000 leaseholders in the borough.

X (FKA “Twitter”) @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

Please join or renew your membership via our website ww.ila.org.uk . You can obtain the appropriate membership forms from the “Support” tab in menu

Categories
Cyclical Works Financial Housing ILA Information Islington Islington Council Lands Tribunal Leaseholders Leases Major Works Partners Service Charges

ILA Meeting in June

Monthly Meet

on

Wednesday 12th June 2024

in

Islington Town Hall

at

7pm – 9pm

ILA meet in Town Hall

Islington Leaseholders, Please bring a copy of all your correspondence on the issues you wish to refer to…….e.g. s20 estimate. etc,

Hosting the Meet – Dr Brian Potter

All Islington council leaseholders are welcome.

The ILA is the organisation, recognised by the Council, as the body representing some 11,000 leaseholders in the borough.

X (FKA “Twitter”) @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

Please join or renew your membership via our website ww.ila.org.uk . You can obtain the appropriate membership forms from the “Support” tab in menu

Categories
Cyclical Works Financial Housing ILA Information Islington Islington Council Lands Tribunal Leaseholders Leases Major Works Partners Service Charges

ILA Meeting in May

Monthly Meet

on

Wednesday 8th May 2024

in

Islington Town Hall

at

7pm – 9pm

Please bring a copy of all your correspondence on the issues you wish to refer to…….e.g. s20 estimate. etc,

Hosting the Meet – Dr Brian Potter

All Islington council leaseholders are welcome.

The ILA is the organisation, recognised by the Council, as the body representing some 11,000 leaseholders in the borough.

X (FKA “Twitter”) @ilaorguk

Face Book www.facebook.com/IslingtonLeaseholdersAssociation

Please join or renew your membership via our website ww.ila.org.uk where you can obtain the appropriate membership forms from the “Support” tab in menu

Categories
Financial Housing Information Leaseholders Leases Major Works Repairs Service Charges

THE LAW

The Landlord and Tenant Act 1985

sets out the basic rules for service charges. It defines what is considered a service charge, and sets out requirements for making sure costs are reasonable. Landlords should consult leaseholders before entering into any agreement for work or services which would lead to a service charge.

The Landlord and Tenant Act 1985 also applies to payments of service charge under a lease whilst a management order is in place under Part II of the Landlord and Tenant Act 1987.

Section 18 (1) of the act defines a service charge as ‘an amount payable by a tenant of a dwelling as part of or in addition to the rent

  • which is payable, directly or indirectly, for services, repairs, maintenance, improvements or insurance or the landlord’s costs of management; and
  • the whole or part of which varies or may vary according to the relevant costs.’

The costs of the services, repairs, maintenance, improvements, insurance and management must be reasonable, and the tribunal may decide whether they are.

Please note: the definition in section 18 (1) does not overrule the lease. The item or service must still be included in the lease for your landlord to be able to charge for it.”

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Councillors Financial Housing ILA Information Islington Islington Council LBI Leaseholders Leases Major Works Service Charges

Massive Rent Increases

Islington Councils latest budget, as usual, is all “Doom and Glum” and continually pointed at the great hole in the  borough’s finances. 

Nevertheless, since the councils main funding stream is basically through council rents and Maintenance bills, their obvious solution is to raise the average Council rents by a whopping great £9.71p per week. This is in order to replenish the Housing Revenue account, and facilitate further mis-running of the borough. 

However, strange though it may seem, whilst the borough is financially struggling to survive, the Council have also re-purchased 389 ex Council flats. It’s not to move islington tenants out of temporary accommodation, such as bed and breakfast, which costs the borough a fortune, but to be used as further…short term accommodation..!

Question, if this borough is having financial problems : – Just how/and from where, did they acquire the money to finance such a massive purchase?

Using a broad brush approach, approximately 389 flats at an average cost of £400.000 each? (and we all know, that in this borough you can’t buy a shoe box for that, much less 2, 3, and 4 bedroom flats) comes to approximately £155.6 million pounds!

Question, If the purchase of these flats involved a grant…how much was it in total?… if a loan, just how much undisclosed debt are we now jointly carrying?…and what % interest are we going to be paying?, to whom, and for how many years to come?. Which of course will be solved, once again, by simply, raising the RENTS and MAINTENANCE bills …Again and Again…

It “Beggars Believe” what both Tenants and Leaseholders of this borough are forking out in order to cover financial mismanagement…

Hopefully, the usual “Smoke and Mirrors” won’t be enough this time around.!!!

Dr Potter

Chairman ILA www.ila.org.uk

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

Follow the money!

A simplistic explanation of why we pay so much…!!!

Why are council Rents and Maintenance bills, so inexplicably high? …simple,  …Just follow the money!

The council state that their main funding stream is basically via council rents, and maintenance billing. This is paid into the Housing Revenue Account by tenants, leaseholders, and 4000 absentee landlords…So…

1/ Islington Council issue contracts to maintain the borough’s estates.

2/ The Contractor scopes out the work, price the job, and bill’s the Council for work completed.

3/ The Council (using 33% of the housing Revenue account) pays the tenants contribution. It apportions the remainder between their leaseholders and absentee landlords.

4/ The absentee landlords then recover their cash by raising their rentals.

Who gets this public money?

1/ Builders get paid directly by the council, come what may.

2/ The council simply raise the tenants rents, and present Home owners with a massive bill.

3/ Landlords increase their rental charges to cover their liabilities.

Where does the money wind up!

1/ Contractors reinvest their massive profits in new projects.

2/ Builders simply “rack it in” by piecemeal subbing-out of the fractionated contracts.

3/ Council reduces its gross over spending to appear efficient.

4/ Landlords pay off their Mortgages.

5/ Private tenants reduce their renting costs by flat sharing.

6/ Mortgage lenders always win in the long run, since their investment is inevitably founded in “Bricks and Mortar”. 

All financed from the constant uncontrolled wastage of public money.!

Solution

1/ Council reduces contract sizes

2/ Council stops issuing astronomical bills to pay contracts

3/ Council controls Building and Maintenance costs by bringing building projects “Back in House”…

4/ Council demands total accountability

5/ Council demands value for money

6/ Council accepts “Individual Corporate Responsibility”, as the norm. 

Which is no more than what they’re already being handsomely paid for doing…!!!

Dr Potter…

Chairman ILA… (www.ila.org.uk

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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 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 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

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