#leaseholders

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fromwww.bbc.com
1 month ago

Leaseholders' court victory over fire safety costs

The Court of Appeal ruling states that building owners and developers cannot recoup costs from leaseholders for fire safety remediation work. This significant decision has ramifications for who bears the financial burden of building safety-related costs moving forward. In light of the Grenfell Tower tragedy, safety issues were identified in older buildings. The ruling specifies that building owners cannot charge leaseholders for fire safety defects discovered prior to 2022, with the retrospective application of the Building Safety Act 2022 favoring leaseholders and residents.
Renovation
London politics
fromwww.standard.co.uk
2 months ago

South London residents in battle over '500-a-month service charges for 24-hour concierge and garden built for wealthy neighbours'

Leaseholders are facing exorbitant service charges that are unsustainable and allegedly unjustified.
The charges have drastically increased, burdening residents financially and leading to a protracted dispute.
fromwww.standard.co.uk
2 months ago

Sadiq Khan urged to cap service charges as London leaseholders pay almost 4,000 a year

London's leaseholders face soaring service charges, averaging nearly £4,000 annually, raising concerns about transparency and affordability in shared ownership schemes.
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