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You are here: Home / News / New Capital Quay cladding may cost £7-10m, while NHBC sends in experts – and libel warning to BBC

New Capital Quay cladding may cost £7-10m, while NHBC sends in experts – and libel warning to BBC

May 2, 2018 By admin

The misery of the leaseholders at New Capital Quay featured on the BBCR4 You and Yours programme after the APPG on April 6.

It emerges that Galliard estimates the cost removing the cladding at the 1,00 flat site at £7-10 million (plus the fire marshals).

The warranty provider the NHBC, which employed celebrity libel lawyers Schilling to warn off You and Yours on an earlier item, was reported to be “working to establish whether the building [New Capital Quay] complied with the regulations in place when it was built”.

The BBC reported that an independent expert will be visiting the site to “try to make an assessment of what they describe as a complex claim as quickly as possible”.

The BBC reported that Galliard questions the valuation of the flat of leaseholder Cecile Langevin, whose £475,000 flat has been valued at £50,000. As a result, it appears to have been accepted by Homes England that she can pay back just £10,000 of a £95,000 Help To Buy loan.

Unfair Credit Scores, Ferry Disruption, Prescriptions, You and Yours – BBC Radio 4

Unfair credit scores, Ferry disruption, Confusion over prescriptions.

Nigel Pickford, another leaseholder who made a powerful speech to the APPG, said that there were at least 100 leaseholders in the same position as Mrs Langevin and that the government faced losses of at least £10 million on Help To Buy loans.

“That is £10 million of taxpayers’ money straight down the drain,” Mr Pickford told the programme.

Mrs Langevin, who has just had her second child and wants to move out, said that persuading Homes England to accept the valuation of her flat at £50,000 is “not a success”.

“It is a mitigation of the terrible situation that we are in. It just makes the loss of the flat [in value] less important.

“The value of the flat is almost zero. We are not able to sell.

“I do not believe there is an easy solution is going to be found and that it will need a legal decision to get the cladding replaced and get the developer or the insurance provider to pay for it.

“So we are talking of years of law suits to get the situation sorted.”

Related posts:

Taxpayers face £85,000 loss as Homes England accepts leaseholder can pay back loan on flat blighted by Grenfell cladding Could paying off Help To Buy loans on blighted homes force government to act over Grenfell cladding … and doubling ground rents? NHBC accepts Grenfell cladding bill at Galliard’s New Capital Quay Leaseholders face £19m to £40m Grenfell cladding bills at Galliard Homes’ New Capital Quay (Galliard v NHBC v the Government v Cladding suppliers) v the Leaseholders

Filed Under: APPG April 26 2018, Grenfell cladding, Latest News, News, Press Tagged With: BBC R4 You and Yours, Galliard, New Capital Quay, NHBC, Nigel Pickford

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Abacus Land 4 Limited Adriatic Land AgeUK Alexander Bastin Alex Ellison Alok Sharma Amanda Gourlay Anchor Andrew Selous MP Anthony Essien APPG ARCO ARHM ARMA ARMA-Q Baroness Gardner Barratt BBC R4 You and Yours Bellway Benjamin Mire Beth Rudolf Blythe Court Bob Bessell Bob Smytherman Bovis Homes Brandon Lewis British Property Federation Campaign against retirement leasehold exploitation Campaign for Housing in Later Life Canary Riverside CARL Cath Williams CentreForum Chainbow Charter Quay Cherry Jones Churchill Retirement Living Circle Residential Management Limited Cirrus Citiscape Clive Betts MP CMA Commonhold Competition and Markets Authority Conveyancing Association Countryside Properties plc Countrywide Countrywide Estate Management Court of Appeal Cypress Place Daily Mail David Glass DCLG Deep Sagar Dennis Jackson Dudley Joiner E&J Capital Partners Ed Davey Elim Court Eric Pickles Estates and Management Esther Rantzen exit fees Federation of Private Residents Associations Financial Times FirstPort Flood Re forfeiture FPRA Galliard Gary Murphy Gavin Barwell George Osborne Glyn Jackson Grant Shapps Grenfell cladding ground rent ground rents Ground Rents Income Fund plc Help To Buy Heysmoor Heights Homeground Management Limited HomeOwners Alliance House of Lords IRPM Israel Moskovitz James Brokenshire MP James Driscoll James Tuttiett James Wyatt Janet Entwistle Janice Northover JB Leitch Jeffrey Fairburn Jim Fitzpatrick Jim Fitzpatrick MP Joanne Darbyshire John Christodoulou John Fenwick Joseph Gurvits Justin Bates Justin Madders MP Justin Tomlinson Katie Kendrick Keith Hill Laceys Lakeside Law Commision Law Commission LEASE Leasehold Advisory Service leasehold houses Leasehold Solutions Lendlease London Assembly Long Harbour Lord Best Louie Burns Mainstay Margaret Anne Kirmond Mari Knowles Mark Prisk Martin Boyd Martin Paine McCarthy and Stone Mercia Investment Properties Limited Mere Court Michelle Banks Mulberry Mews Mundy National Leasehold Campaign New Capital Quay NHBC Nigel Bannister Nigel Glen Nigel Wilkins Oakland Court OFT Parthenia Patrick Collinson Paula Higgins Persimmon Pete Redfern Peverel Philip Rainey QC Phillip Rainey QC Plantation Wharf Private Eye Professor Nicholas Hopkins Prostitutes Redrow Regent Court Rendall and Rittner Retirement Retirement Security Limited RICS right to manage Right To Manage Federation Rob Plumb Roger Southam RTM RTMF Sajid Javid Sally Keeble Sebastian O’Kelly SFO Shula Rich Simon van Houten Siobhan McGrath Sir Ed Davey Sir Peter Bottomley Sonia McColl OBE Southwark Steve Morgan Sunday Times Susan Wood Tanfield Chambers Taylor Wimpey Tchenguiz Tchenguiz Family Trust Team The Daily Telegraph The Guardian The Sunday Times The Times Triplerose Trust Property Management Vallea Court Vincent Tchenguiz West India Quay Will Astor William Waldorf Astor Y and Y Management Yianis Group You and Yours

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LKPhelp2The leasehold game is weighted against ordinary home-owning leaseholders, who aren’t professional players. LKP was set up to redress the balance, to help you win your disputes or at least avoid disasters.

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LKP Managing Agents

Big managing agents are big because they have got business from developers or large-scale freehold owing companies. Doubtless they are very obliging.

Not a single one is big through consumer choice.

Managing agents accredited to LKP want business from leaseholders. Many are former leaseholders.

All have signed undertakings of good practice and have provided extensive references … from leaseholders.

They can also hand-hold leaseholders through right to manage at minimal cost.

Contact Sebastian O’Kelly at LKP for further details: sok@leaseholdknowledge.com, 07808 328 230

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Comments

  1. Michael Epstein says

    May 2, 2018 at 8:51 am

    Message to Galliard,
    Think on?
    It may be the responsibility of the NHBC to pay to install safe cladding? It may be you as freeholder and developer who must pay? You could argue that point at your leisure. What you can’t do is leave your customers at risk of loss of life, fearful of sleeping at night and living in properties that have no value and are totally unsaleable?
    Barratt realised this and acted in a most honourable fashion. They took responsibility for the cost of the replacement cladding.
    So it is going to cost £7-10m to make the development safe? Presumably that cost would be tax deductible, so the actual cost will be much less?
    So Galliard moving on, faced with a choice of developers when making a purchase, who is more likely to achieve a sale? A company such as Barratt who has stood by their customers or Galliard who have not?

  2. ollie says

    May 2, 2018 at 4:27 pm

    The Government should tell Galliards to claim against their business insurance. and also serve Notice to disqualify the Directors from being Company Directors for next 10 years..

  3. Tobias Titwank says

    May 11, 2018 at 3:58 pm

    Dear hypocritical LKP, aren’t Urban owners part of warwick estates who are funded by big business and aren’t HML “big because they have got business from developers or large-scale freehold owing companies”????????

    • admin says

      May 11, 2018 at 4:59 pm

      Dear Unamusing Person,

      We reported Warwick Estates’s criminal conviction; fine of £120,000; resignation of ARMA regulator Sally Keeble, who was blocked from holding a disciplinary panel against Warwick Estates over the issue; and the RICS hearing and fine of £20,000 against Warwick Estates earlier this year.

      RICS fines Warwick Estates £20,000 over lift shaft fatality – after ARMA ‘blocked its regulator from hearing the case’

      Warwick Estates retaliates by resigning from RICS – It is unacceptable that ARMA ignores this issue – Case underlines need for statutory regulation By Sebastian O’Kelly, LKP trustee Property management company Warwick Estates was fined £20,000 last month in a disciplinary hearing of the Royal Institution of Chartered Surveyors (RICS) – on top of […]

      Further, it was discussed on Wednesday at the Professionals in Property conference by Sebastian O’Kelly, on a panel with ARMA CEO Nigel Glen.

      Urban Owners remains accredited with LKP until August, when its accreditation is due to be renewed.

      HML Holdings plc is a middle-size managing agent with c60,000 flats under management. It is a portfolio grown over many years, the bulk of it being RMCs, RTMs and enfranchised blocks. Its CEO Rob Plumb is the most senior figure in the sector to endorse the general views of LKP and repeatedly call for reform.

      Goodbye. Admin

  4. Michael Epstein says

    May 11, 2018 at 4:50 pm

    Nothing hypocritical at all as far as I can see? Urban Owners were one of the original companies to be “accredited” by LKP. They have in the past been responsible for undertaking some very good work on behalf of leaseholders.. Yes it is true that Urban Owners have now been taken over by Warwick Estates..Provided Urban Owners continue to provide current service levels, why should they not continue to be accredited to LKP?
    I agree many managing agents have grown too big as a result of developer/freeholder appointments.. Especially those that have not only been appointed by the developer/freeholder., but have got themselves enmeshed into the lease?
    Given the significant progress in the fight for leasehold reform made by LKP(which fundamentally threaten the continuance of some of the worst of the managing agents) it has to be expected that defenders of the vestige interests would come out of the woodwork to undermine LKP.
    That said, given the name you have used I did expect such a person to be a little less puerile.

    • Peregrine says

      May 14, 2018 at 12:45 am

      Michael/LKP – you may wish to revise urgently your view of Urban Owners accreditation, now that all the original directors have resigned, and the UO website now re-directs to Warwick Estates with a welcome to “Your New ‘Superhero’ Property Company”. To my reading, the UO entity does not exist any more?
      I was going to post this information on the UO takeover story but comments on that one appear to be locked now?

      • Michael Epstein says

        May 14, 2018 at 4:38 pm

        So I presume come August either Urban Owners (under Warwick Estates) will not re-apply for LKP accreditation or they may be found to be non-compliant by LKP.
        What’s the problem?

      • admin says

        May 14, 2018 at 5:54 pm

        Welcome Urban Owners | Warwick Estates

        Warwick Estates have now acquired Urban Owners and we’d like to welcome you to the Warwick family. Our business is built on some basic principles – outstanding service, value and customer care. We appreciate that this change maybe be unexpected, however we are confident that we will improve the service you receive.

        • James says

          May 15, 2018 at 8:50 am

          Poor service, very poor value and total absence of customer care. That is my opinion after having to suffer Warwick Estates for the last 3 years!

APPG April 26 2018

New Capital Quay cladding may cost £7-10m, while NHBC sends in experts – and libel warning to BBC

The misery of the leaseholders at New Capital Quay featured on the BBCR4 You and Yours programme after the APPG on April 6. It emerges that Galliard estimates the cost removing the cladding at the 1,00 flat site at £7-10 million (plus the fire marshals). The warranty provider the NHBC, which employed celebrity libel lawyers […]

All Party Parliamentary Group, April 26: Barratt praised at Citiscape; Galliard reviled at New Capital Quay; Taylor Wimpey scorned over ground rent review scheme

APPG, April 26 A picture of relief and continued misery emerged from the meeting of the All Party Parliamentary Group on leasehold and commonhold reform last week. Relieved were two representatives of the 95-flat Citiscape site in Croydon, where Barratt – which built the site 17 years ago – is picking up the tab to […]

Civil service are fired up to reform leasehold, helped by the ‘personal commitment’ of the Secretary of State … Er

APPG, April 26 Both the MHCLG civil service and the Law Commission are genuinely enthused to reform the leasehold sector and moving fast to do so, encouraged by the Communities Secretary. This was the message of John Hall, director at the MHCLG, who was speaking on April 26 before the promotion of Sajid Javid to […]

Taylor Wimpey help should extend to buyers of re-sales with rip-off ground rents, says Andrew Selous

The government is calling on all those who bought re-sale properties with doubling ground rents to contact it. This emerged after Andrew Selous, Conservative MP for South West Bedfordshire, raised the issue at the APPG meeting on April 26. “Taylor Wimpey sold a lot of leases in my constituency, but I have a constituent who […]

Law Commissioner Nicholas Hopkins hopes his work prompts complete reform of leasehold

APPG, April 26 The Law Commission is examining lease extension, enfranchisement and commonhold, but it hopes its work will encourage the creation of a single, modern, streamlined law on leasehold. That was the message of Professor Nicholas Hopkins to the All Party Parliamentary Group on April 26. “One consistent thing that we heard [in our […]

You need professional property managers to deal with fire safety in high-rises, says FirstPort CEO Nigel Howell


APPG, April 26 The chief executive of FirstPort welcomed more professionalism in the residential property management sector, especially when dealing with vitally important issues such as tower blocks with defective cladding. Nigel Howell also told the APPG on April 26 how his company responded to the discovery of Grenfell cladding at Citiscape in Croydon, where […]

Praise for Barratt’s – and LKP – from Citiscape leaseholders

APPG, April 26 Two leaseholders at the Citiscape site in Croydon offered public praise to Barratt and thanked LKP for its efforts to get the issue raised in public and addressed. Anuj Vats and Srikant Alla are at the forefront of organising the leaseholders into a functioning residents’ association to address the crisis imposed on […]

Galliard Homes ‘needs to take responsibility for what it has built’

APPG, April 26 A very different scene was outlined to the All Party Parliamentary Group on April 26 by Nigel Pickford (left), a leaseholder at New Capital Quay, another site with Grenfell cladding of more than 900 flats built by Galliard Homes only four years ago. The house builder also owns the freehold and the […]

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