Dear Catherine.
Since the ILA’s last proposal to raise cash for Islington (99 year Lease Extensions) appears to have drawn so much attention (including from other borough’s!) we hope that you will also consider another of our schemes, which although not as lucrative as the first, will potentially raise a great deal of much needed cash, very quickly.
Very briefly…
A/ In Islington’s leases, Leaseholders only own the glass, not the window frames!
B/ A major source of problems has been due to window repairs/replacement for which contractorsgrossly over charge. (Most windows have under gone extensive work through the Decent Homes Project already)
C/ So..When contacting leaseholders re a 99 year lease Extension…also offer to sell them their windows…at a discount…as a one off offer…in the same time frame as the lease extension?
Back ground…
Formally, to buy your windows through HFI you were required to seek planning permission and alicense…all of which cost money and involved administrative costs to the order of approximately £1000-2000 per property.
The ILA has finally convinced HFI that both the planning permission and license were an unnecessary cash burden, which prevented leaseholders from buying their windows via a “Deed of Variation”. However, as a result of years of negotiations with HFI, leaseholders can now purchase the DOV within a couple of weeks, at a total cost of £380. (I purchased mine last month).
If this sum was reduced to £180 in a one off promotion, I am sure that the majority of Islington’s leaseholders would be happy to take part.
Peripheral advantages to this scheme…
1/ Many more leaseholders would be inclined to use the small local builders…thereby generating bothcash and employment in the borough, and reduce both the council’s responsibility and contractual work load!
2/ The large contracts currently being allocated cost the borough a fortune, and are totally un-manageable and impossible to monitor…and, invariably uses sub-contracted labour from…who knows where?
3/ If the leaseholders are satisfied with this arrangement they will have no need to challenge the billing at law (LVT), so saving the borough a great deal of cash during the course of the year in defending issues related to cost and quality of works by employing very expensive external firms of solicitors. See Tremlett Grove…!!!
Legal safe guards…
In order to ensure that the leaseholders comply with council requirements in regard to conservation areas etc…Caveats can be included, if and when required…
Possible income of…non-ring fenced cash…
Math…11,000 x £180 = £??????????
Brian.
