Leaseholders at the Viridian Apartments in Nine Elms, South London, are struggling with high service charges that have surged from £100 to over £500 monthly. This increase is largely attributed to additional services such as a 24-hour concierge and garden maintenance for adjacent luxury blocks that residents cannot access. The charges, which many deem exorbitant and unjust, have forced residents into a financial stranglehold, likened to a second mortgage. A decade-long dispute with landlord Notting Hill Genesis (NHG) continues, as residents contest the responsibility for these rising fees, asserting they are not covered in their lease agreements.
Leaseholders at Viridian Apartments face skyrocketing service charges for amenities designed primarily for affluent neighbors, impacting their financial stability amidst rising living costs.
Residents argue that since their leases only cover essential services for their block, the excessive charges for the concierge and garden maintenance are unfair and unwarranted.
Tenants of affordable housing at Viridian remain locked in a decade-long dispute with Notting Hill Genesis over service fees that have soared dramatically beyond their initial agreements.
The monthly service charge for a one-bedroom flat has escalated to roughly £5,000 annually, creating financial strain comparable to taking on a second mortgage.
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