Islington Gates’ Cladding Update – April 2020 Questions & Answers – prepared by the IG Board Given the substantial sums Leaseholders have been asked to contribute to the removal of unsafe cladding and other fire safety works, the Leaseholder Board has prepared the following response to clarify common questions asked. We will shortly apply to…

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IGMC Update 4 April 2020 Message from Philip Davis, Chair, Islington Gates Leaseholder Management Company: As you know we are changing managing agents to Wolfs. In the interim, it would be helpful to the management of the cladding issues if you could pay the amount requested in the Service Charge Invoice. Or, if not yet…

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Savills relinquish responsibility for the management of Islington Gates on 5 April 2020. We will be receiving a communication from our new Managing Agents (Wolfs) shortly. This will include details of how and when Service Charge Invoices should be paid.  Many Leaseholders are concerned about the conditions around and caveats needed to protect their interests.…

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As stated, we hope to claim compensation. Unfortunately this will take time (and is not guaranteed). The law requires leaseholders to pay. Our Building Consultants estimate potential costs of £8.2m. These have yet to be confirmed, but this would mean an average bill per apartment of £30-£100,000. We advise leaseholders to consider loan finance applications…

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