NB Update
From the New Barnsbury Leaseholder Reps, to all New Barnsbury leaseholders – resident and non-resident
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1 INFO – Ballot Result
2 ACTION NEEDED – GoFundMe for sharing legal costs is open until 30th April 2021
3 ACTION NEEDED – Check your lease against our samples by 30th April 2021
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1 INFO – Ballot Result
The ballot result at the end of March 2021 was a “Yes” to redevelopment. We understand that both the turnout, and the proportion of “yes” votes, were around 70%.
Now that the redevelopment is going ahead, New Barnsbury (NB) and Old Barnsbury (OB) are on very different tracks – we are facing demolition and buy-backs etc., OB is not.
The Barnsbury Estate Leaseholders Group will continue to support all leaseholders, but the NB Reps will focus on NB leaseholders’ particular needs and interests. To contact your NB Reps, email us barnsburyleaseholders@gmail.com
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2 ACTION NEEDED – Sharing legal costs – £50 to benefit from expert advice – closes 30th April
The New Barnsbury Reps have set up a Go Fund Me page so that we can all contribute safely and securely to share the costs of a key document review by Compulsory Purchase Valuer Keith Murray. He will look at examples of the types of leases we have, the Offer Document, and the draft Resident’s Charter, and provide us with an analysis that will inform us in our future negotiations with Newlon.
We are aiming to reach £2000, which will cover Keith Murray’s review. If every New Barnsbury leaseholder who is a member of this group contributes £50, we will reach our target.
If we don’t reach our target, we cannot share group advice, and it will be a lot more expensive to each individual to get equivalent expert advice.
**update – our GoFundMe closed to new donations on 30th April 2021**
3 ACTION NEEDED – It’s time to check your lease – please action and respond by 30th April 2021
Why is this important?
Now is the time to check your lease for any details important to future negotiations with Newlon. Since Keith Murray can only analyse 3 or 4 examples of the types of leases we have, it’s important that you find out now if your lease is the same or significantly different from the examples he will see.
Newlon’s description of leases
In our 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. All the updates we send are on our website’s blog – you can review the info by scrolling down.
What do I need to do?
The next step is for each New Barnsbury leaseholder – Resident AND Non-Resident – to read your lease, compare it to the 4 samples. Please tell us if your lease differs from the samples in any way you consider to be significant. These details could be important and affect your future negotiations with Newlon.
The sample leases are on our website for you to download. You need to click on this link: SAMPLE LEASES HERE and use a password – if you did not receive this update as an email on 15th April 2021 containing the password, please email your Reps on barnsburyleaseholders@gmail.com
What if my lease is different from the samples?
If you do find significant differences between your lease and the samples, please let us know ASAP by emailing barnsburyleaseholders@gmail.com. Tell us 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.
Please respond no later than 30th April 2021, advising of your observations, including the specific information you’d like to highlight that is significantly different from the 4 sample leases.
If you don’t contact us by 30th April, we will assume that your lease is the same as the sample leases.
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**Remember, none of the Reps are legal experts. We will not be able to read your lease for you, nor help you interpret the contents of your particular lease. Please seek individual legal advice if you are unsure.**
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With best wishes,
from your New Barnsbury Leaseholder Reps
Barnsbury Estate Leaseholders Group 