“Terrified” residents of a housing complex clad in similar flammable panels to Grenfell tower are facing a bill of £2m to make their homes safe after the building’s owner said it was not its responsibility to pay.
The freehold is owned by a company owned by the family trust of the multi-millionaire property mogul Vincent Tchenguiz, and its property agent has told residents that work recladding the Citiscape complex in Croydon will begin “once full funds are in place”.
The government told the agent to remove the cladding five months ago and Sajid Javid, the housing, communities and local government secretary, last month suggested the landlord was responsible for ensuring residents’ safety.
But freeholder Proxima GR Properties has insisted that it is not obliged to cover the costs of the work, warning leaseholders in the 93 apartments that the bill will increase if they delay payment.
Well, yes? And?
Isn’t that they way freeholds and leases work?