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Christine Clifford commented on Tim Godsmark's blog post Money for Repairs
"The link takes me to a Word doc I think then nothing. I think it’s appalling that the City thinks so little of its residents. It’s time the business vote was abolished."
Friday
Tim Godsmark posted a discussion

Desk Spaces to Rent

We have a couple of desk spaces to rent in our small office in Shoreditch Town Hall. Photocopier/printer, tea and coffee included.If you are interested contact Tim on 07815 437 028See More
Thursday
A blog post by Tim Godsmark was featured

Money for Repairs

On the 13th January there was a full City Council meeting where Sue Pearson, your local Common Councillor, proposed a motion that the repairs programme for all the City Estates be accelerated by using some of the City’s financial reserves. The repairs programme is moving incredibly slowly even by the City’s standards with the last 5 year plan being inadequately funded while the Estates decay and tenants live in unacceptable conditions. The City has a fund called City Cash which has reserves of £2.6 billion. They have dedicated £50 million of this money to support small business during the pandemic but nothing to support residents. £37 million of this money has not been spent and Sue suggested that, as a start, it might be a good idea to redirect this to Estate repairs.At the Council meeting discussion of the motion was cut short by a point of order and the the motion to speed up repair of your Estates was lost by 75 votes to 19. A supportive councillor, Graeme Harrower, has written a…See More
Thursday
Tim Godsmark posted a blog post

Money for Repairs

On the 13th January there was a full City Council meeting where Sue Pearson, your local Common Councillor, proposed a motion that the repairs programme for all the City Estates be accelerated by using some of the City’s financial reserves. The repairs programme is moving incredibly slowly even by the City’s standards with the last 5 year plan being inadequately funded while the Estates decay and tenants live in unacceptable conditions. The City has a fund called City Cash which has reserves of £2.6 billion. They have dedicated £50 million of this money to support small business during the pandemic but nothing to support residents. £37 million of this money has not been spent and Sue suggested that, as a start, it might be a good idea to redirect this to Estate repairs.At the Council meeting discussion of the motion was cut short by a point of order and the the motion to speed up repair of your Estates was lost by 75 votes to 19. A supportive councillor, Graeme Harrower, has written a…See More
Thursday

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Hello, as a leaseholder for almost 5 years on the estate (Hatfield House) I'm looking to remortgage to stay longer, however all of the lending banks are asking for an "EWS1 Form".

  • The "EWS1 Form" has become a requirement for some blocks in the UK (but not for any on Golden Lane Estate) since the Grenfell Tower fire disaster. It checks that any cladding is safe
    • Golden Lane Estate has no cladding with any of the flammable materials listed in the EWS1 survey, so the lending banks are being excessively "cautious" here
    • It appears GLE doesn't have any documentation of this because it was all built in the 50s/60s and has not been touched since
  • Despite this, almost all banks are refusing a (re)mortgage without this form for Hatfield Hous
  • My understanding is that getting an EWS1 survey and form takes months and quite a large fee (thousands of pounds)

Has anyone managed to (re)mortgage on the estate recently and find a way around this EWS1 Form request?

Or is anyone going through similar issues and we could work together to find a solution?! 

Also, the above is a warning for anyone planning to (re)mortgage...it seems difficult to do that or even sell at the moment

Thanks in advance!

George

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Yes. I imagine they were counting basement. Over 5 floors in a block of our type is not acceptable under some lenders’ policies
Seen that fire risk assessment, yes thanks. The message is clear but I understand no lenders will pay any attention to that
Really useful to have that letter for why an EWS1 isn’t needed. Might take a while to get but once we have one, other leaseholders in the block can probably use it!!

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