Categories
Leaseholders

Happy Christmas & NY2024

The ILA would like to wish all Islington Leaseholders a very Happy Holidays and a wonderful New Year , when it arrives.

Categories
Housing ILA Information Islington Leaseholders Meetings Website

ILA Islington TownHall meet 7pm Wed 13th December 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 13th December 2023

in

Islington Town Hall

at

7pm – 9pm

Agenda includes Service Charges and Major Works Billing

Please bring with you any paperwork you intend to refer to…I.e 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

Categories
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.

Categories
Housing ILA Information Islington Leaseholders Meetings Website

ILA Islington TownHall meet 7pm Wed 8th November 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 8th November 2023

in

Islington Town Hall

at

7pm – 9pm

Agenda includes Service Charges and Major Works Billing

Please bring with you any paperwork you intend to refer to…I.e 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

Categories
Housing ILA Information Islington Leaseholders Meetings Website

ILA Islington TownHall meet 7pm Wed 11th October 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 11th October 2023

in

Islington Town Hall

at

7pm – 9pm

Agenda includes Service Charges and Major Works Billing

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

Categories
Housing ILA Information Islington Leaseholders Meetings Website

Islington Leaseholders welcome at TownHall meet 7pm Wed 13th September 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 13th September 2023

in

Islington Town Hall

at

7pm – 9pm

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.

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

Categories
Housing ILA Information Islington Leaseholders Meetings Website

Islington Leaseholders welcome at TownHall meet 7pm Wed 9th August 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 9th August 2023

in

Islington Town Hall

at

7pm – 9pm

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.

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

Categories
Housing ILA Information Islington Leaseholders Meetings Website

Islington Leaseholders welcome at TownHall meet 7pm Wed 12th July 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 12th July 2023

in

Islington Town Hall

at

7pm – 9pm

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.

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

Categories
Housing ILA Information Islington Leaseholders Meetings Website

Islington Leaseholders welcome at TownHall 7pm Wed 14th June 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 14th June 2023

in

Islington Town Hall

at

7pm – 9pm

Guest speaker – Mr Nicholas Kissin from LEASE

LEASE logo 250px

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.

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

Categories
Leaseholders

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

Categories
Housing ILA Information Islington Leaseholders Meetings Website

Islington Leaseholders meet (ILA) at the Town Hall 7pm Wed 10th May 2023

Islington Leaseholders Association Monthly Meeting

on

Wednesday 10th May 2023

in

Islington Town Hall

at

7pm – 9pm

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.

 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

Share via
Copy link