• The affordability of capital works for leaseholders in challenging times

  • Nov 26 2020
  • Duración: 18 m
  • Podcast

The affordability of capital works for leaseholders in challenging times Por arte de portada

The affordability of capital works for leaseholders in challenging times

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  • Resumen

  • When significant capital works are required to a development, this can come at considerable cost to leaseholders. Over the course of the implementation of the Welsh Housing Quality Standard and the Decent Homes Standard over the past 20 years social landlords have become adept at finding creative ways of making service charge costs affordable. Robert Phillips of our Property Litigation Team and Rebecca Rees of our property litigation and housing management teams look at whether the time is right for social landlords to consider whether there is a better way of managing service charges in the future to keep charges at a consistent level and avoid spikes when significant works are done.

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