To all Old Barnsbury Leaseholders – Resident and Non-resident
It’s time to check your lease – please action and respond by 16th April 2021
Dear all, in our last update email (w/c 22nd March 2021) we included some information about what Newlon understands to be the position on the general content of our leases. If you did not receive the last update email, please let your Reps know on barnsburyleaseholders@gmail.com
Now is the time to check your lease for any details which could be relevant in future negotiations with Newlon. This is more important than ever in light of the transformation ballot returning a ‘YES’ vote.
What happens next on Old Barnsbury leases? As previously advised, we intend to supply c.3 differing samples of lease to be reviewed by a specialist housing solicitor, so we are all clearer on where we stand legally based on typical leases in place across Old Barnsbury.
What do I need to do? The next step is for each OB Leaseholder – Resident AND Non-Resident – to review your lease, and advise if it differs in any way you consider to be significant to any of the 4 lease samples you can now view and download.
The sample leases are on our website for you to download, but require a special link, and and a password. This information is in the original email sent to OB leaseholders on 30th March 2021. Please email your Reps on barnsburyleaseholders@gmail.com for information on how to access the sample leases, if you are an OB leaseholder and did not get the original message.
If your lease IS different to the 4 samples, please let us know ASAP which clauses you feel are different, and in what way, e.g. is there any significant different information or wording, missing or additional clauses etc. These details could be important information to supply to our legal advisor.
Please can you respond no later than 16th April 2021 advising of your observations, including the specific information you’d like to highlight if you have found any significant differences in content to the 4 sample leases supplied by Newlon.
If you don’t reply, we will assume that your lease does not differ significantly from the samples supplied.
Remember, none of the Reps are legal experts, so we will not be able to read your lease for you, nor help you interpret the contents of your lease. Please seek individual legal advice if you are unsure.
While you are checking your leases, we are getting more detail on the cost and options for engaging legal support. As previously advised, we are expecting to have to make an initial investment of c. £1500 and will be in touch again to ask whether you are willing to make a financial contribution towards this.
Best wishes,
Old Barnsbury Leaseholder Reps
barnsburyleaseholders@gmail.com