London Flat Owners Face £35,000 Major Works Bill
Residents in a North London estate block have been issued bills totaling £35,000 for major works. Listeners expressed concern over the lack of plans for those unable to afford the costs, the absence of a sinking fund, and trust issues regarding the necessity of the work. The Property Institute advises potential flat buyers to inquire about reserve funds and planned works.
Topics
Developing
- 863d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 863d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
BBC Radio 4
“We live in North London and our estate block have just been issued up to £35,000 for major works. No plan for those who can't afford it, no Sink Fund, no trust that the work truly needs doing.”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade