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Ringley Limited

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1.00 /5
Reply from agent

Dear Leaseholder, Thank you for being part of the Union Park community during what we know is a very difficult time. We also want to thank those who have paid all contributions to date, sadly many have not. Currently, 155 out of 253 leaseholders have not yet paid their contributions to the ManCo. Without these funds, the ManCo cannot continue to take the actions required to protect everyone’s interests. Independent experts have now confirmed serious defects in the buildings, despite Building Control having originally approved them. With the developer in administration and the freeholder’s position uncertain, responsibility has fallen on leaseholders to act together. LB Hillingdon initially promised to cover the waking watch costs, but has since said it intends to recover them through litigation. At the same time, the BLP Warranty provider is delaying claims, even though more than £15m of works are required. This has left Union Park homes currently unsellable, with owners facing enormous stress and uncertainty. The Residents Management Company “ManCo” exists solely to protect leaseholders’ interests—but it is funded only by service charges and members’ contributions. Thanks to the support of many leaseholders, the ManCo has already secured expert evidence, preserved BLP claims, and issued notice against the administrator. To keep moving forward, everyone’s support is needed. Unfortunately, some contributions remain unpaid. Without these funds, the ManCo cannot continue the progress that benefits all leaseholders. The next steps are to: • Push forward the BLP Warranty Claim, which offers the greatest chance of recovery. • Secure £1.1m from the administrator to create a fighting fund. Further claims, such as Remediation Orders, may follow in due course, but the warranty claim must come first. We would be happy to meet with you to discuss any concerns you may have. We’re also very interested in hearing from leaseholders about any ideas to help make the process of contributions quicker and smoother for everyone. Your input really makes a difference! For the leaseholders that are in arrears, please let us know when you are able to make your contribution, and if needed, we can help you approach your mortgage provider for support. Union Park can only move forward if we do so together, and your support is essential to achieving the outcomes we all need.

Contact details
Sales Phone:

020 3318 6975

Sales Email:

info@mbmringley.co.uk

Opening hours

Unknown

Address

1 Castle Rd, London, NW1 8PR, London, UK, NW1

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