Financial ILA Information Islington Leaseholders Listed Buildings Major Works Service Charges

Leaseholders get massive bill reduction at LVT for extremely poor major works, and massive overcharging.

One of the most important Leasehold Valuation Tribunal LVT decisions to date, from an Islington leaseholder’s perspective, was announced last week, (Merryweather court and Brennand court vs the mayor & burgess of Islington 29.3.12).

Please see the downloadable LVT decision pdf for details on the bill reductions, and to see how Islington leaseholders supported their claims before the LVT, plus the degree of detail they provide in evidence of shoddy workmanship, overcharging and gross mismanagement.   LVT – Merryweather & Brennand court vs LBI 29.3.12

Examples of the council overcharging identified by the LVT include roof works charges of £208,661 which were reduced to  £50,000, i.e. £25,000 per block. and asbestos removal charges of £157,371 that the Tribunal reduced to reasonable expenditure of £15,737.

This is one example, where the Council has authorised expenditure without satisfying itself that the expenditure is really necessary, and it demonstrates what can be achieved when leaseholders have the courage to challenge the bills they are sent, and demand that council officers ,  councillors and their contractors  are made accountable for their actions.”

Since the ILA can only supply ‘useful information’ on our web site, and not “advice”, as always, we suggest that you should obtain ‘professional independent legal advice’ before considering issuing such a challenge.

The Islington Gazette  has reported that millions of pounds of public money could have been wasted.

The ILA has already lobbied Islington Council, and, both the leader of the council, and the chair of housing, in regard to applying the reductions obtained by Merryweather/Brennard Courts leaseholders to all leaseholders in the same contract, and insisted that the council also reclaim, on behalf of the public purse, all monies related to tenanted properties in the same contract.   LVT – Merryweather & Brennand court vs LBI 29.3.12


Please feel free to pass on to other leaseholders you think may be interested


Late News:  The ILA  understand that LBI intends to appeal the decision.